TY  - BOOK
AU  - Arikan, Emel
AB  - The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.
DO  - 10.3726/b13914
ID  - OAPEN ID: 1003180
ID  - OAPEN ID: OCN: 1082972256
ID  - OAPEN ID: http://library.oapen.org/handle/20.500.12657/26864
KW  - Analytical
KW  - Arikan
KW  - Control
KW  - Empirical
KW  - Generalized
KW  - Inventory
KW  - Lagerhaltungsmodell
KW  - Model
KW  - Nachfrageverhalten
KW  - Optimierung
KW  - Period
KW  - Preispolitik
KW  - Pricing
KW  - Single
KW  - Study
KW  - thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics::KCBM Monetary economics
L1  - https://library.oapen.org/bitstream/20.500.12657/26864/1/1003180.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/26864/1/1003180.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/26864/1/1003180.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/26864/1/1003180.pdf
L1  - https://library.oapen.org/bitstream/20.500.12657/26864/1/1003180.pdf
LA  - English
LK  - https://directory.doabooks.org/handle/20.500.12854/26467
PB  - Peter Lang International Academic Publishers
PP  - Bern
PY  - 2018
SN  - 9783631753941
TI  - Single Period Inventory Control and Pricing : An Empirical and Analytical Study of a Generalized Model
ER  - 
