Dynamic pricing model and algorithm for
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Yu Xiong; Gendao Li; Kiran Jude Fernandes
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Article
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2010
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John Wiley and Sons
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English
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## Abstract This paper studies the dynamic pricing problem of selling fixed stock of perishable items over a finite horizon, where the decision maker does not have the necessary historic data to estimate the distribution of uncertain demand, but has imprecise information about the quantity demand.