Inventory model with pricing tactics for demand in auto-correlated products
โ Scribed by Ramasamy Uthayakumar; P. Parvathi
- Publisher
- Springer
- Year
- 2010
- Tongue
- English
- Weight
- 307 KB
- Volume
- 52
- Category
- Article
- ISSN
- 0268-3768
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## 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.
This paper analyzes a single-period inventory model of profit maximization with a reordering strategy in an imprecise environment. The entire period is divided into two slots and the customer demand is considered as a fuzzy number in situations where the demand in each slot is linguistic in nature a