کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5079911 | 1477554 | 2014 | 8 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Determining optimal price and order size for a price setting newsvendor under cycle service level
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موضوعات مرتبط
مهندسی و علوم پایه
سایر رشته های مهندسی
مهندسی صنعتی و تولید
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Determining optimal price and order size for a price setting newsvendor under cycle service level Determining optimal price and order size for a price setting newsvendor under cycle service level](/preview/png/5079911.png)
چکیده انگلیسی
There has been significant interest in the single period newsvendor problem where, besides determining the order size, the decision maker has to set the selling price. The model is applicable when demand for the product is a stochastic function of the selling price. Although there have been several studies, the problem needs exploration given that retailers prefer using service level rather than the shortage cost to model the economic consequence of a stock out. We analyze the problem using a chance constrained formulation and provide a procedure for determining the optimal price and order size for a price-setting newsvendor.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Production Economics - Volume 158, December 2014, Pages 106-113
Journal: International Journal of Production Economics - Volume 158, December 2014, Pages 106-113
نویسندگان
Prakash Abad,