๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Dynamic learning, pricing, and ordering by a censored newsvendor

โœ Scribed by Arnab Bisi; Maqbool Dada

Book ID
102543185
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
211 KB
Volume
54
Category
Article
ISSN
0894-069X

No coin nor oath required. For personal study only.

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The paper studies the combined problem of pricing and ordering for a perishable product supply chain with one supplier and one retailer in a finite horizon. The lifetime of the product is two periods and demand in each period is random and price-sensitive. In each period, the supplier determines fir