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Dynamic inventory and pricing models for competing retailers

โœ Scribed by Fernando Bernstein; Awi Federgruen


Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
138 KB
Volume
51
Category
Article
ISSN
0894-069X

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In this paper we study a single-depot/multi-retailer system with independent stochastic stationary demands, linear inventory costs, and backlogging at the retailers over an infinite horizon. In addition, we also consider the transportation cost between the depot and the retailers. Orders are placed