Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10523904 | Operations Research Letters | 2016 | 14 Pages |
Abstract
Appropriate customer segmentation, together with tailor-made strategies which dynamically change prices for customers, helps firms allocate resources more effectively. We incorporate markdown tools into the inventory-rationing model with customers segmented by lead-time sensitivity. We characterize the threshold-type optimal commitment policies and propose an efficient algorithm to compute the thresholds.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Yangyang Xie, Xiaoying Liang, Lijun Ma, Houmin Yan,