Name
Abstract | ||
|---|---|---|
This paper studies a nonstationary inventory and pricing problem. We consider a two-echelon supply chain with one supplier
and two retailers, in which the supplier carries all inventory to supply the retailers. Both the reserved and pooled inventory
systems are analyzed. Results with normally distributed demands are compared. Assuming the random demand at each retailer
is price-sensitive, we further consider the cases when the retailers have and do not have service level requirements. We start
with analyzing inventory and pricing strategies for the supplier in a one-period scenario. Then we extend our analysis to
both the backlogging and lost-sale scenarios in an infinite planning horizon. |
Year | DOI | Venue |
|---|---|---|
2008 | 10.1007/s00186-007-0203-8 | Math. Meth. of OR |
Keywords | Field | DocType |
pooled inventory system,pricing,reserved inventory system,supply chain,normal distribution,service level | Mathematical optimization,Time horizon,Inventory theory,Perpetual inventory,Random demand,Operations research,Risk pool,Service level requirement,Supply chain,Pricing strategies,Mathematics | Journal |
Volume | Issue | ISSN |
67 | 3 | 14325217 |
Citations | PageRank | References |
0 | 0.34 | 10 |
Authors | ||
4 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Yue Dai | 1 | 32 | 3.71 |
| Shu-Cherng Fang | 2 | 1153 | 95.41 |
| Xiaoli Ling | 3 | 0 | 0.68 |
| Henry L. W. Nuttle | 4 | 115 | 9.34 |