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Optimal dynamic pricing and inventory control with stock deterioration and partial backordering

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Optimal dynamic pricing and inventory control with stock deterioration and partial backordering. / Pang, Zhan.
In: Operations Research Letters, Vol. 39, No. 5, 09.2011, p. 375-379.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Pang, Z 2011, 'Optimal dynamic pricing and inventory control with stock deterioration and partial backordering', Operations Research Letters, vol. 39, no. 5, pp. 375-379. https://doi.org/10.1016/j.orl.2011.06.009

APA

Pang, Z. (2011). Optimal dynamic pricing and inventory control with stock deterioration and partial backordering. Operations Research Letters, 39(5), 375-379. https://doi.org/10.1016/j.orl.2011.06.009

Vancouver

Pang Z. Optimal dynamic pricing and inventory control with stock deterioration and partial backordering. Operations Research Letters. 2011 Sept;39(5):375-379. doi: 10.1016/j.orl.2011.06.009

Author

Pang, Zhan. / Optimal dynamic pricing and inventory control with stock deterioration and partial backordering. In: Operations Research Letters. 2011 ; Vol. 39, No. 5. pp. 375-379.

Bibtex

@article{a121c3821eab4f86a5a710727625a12e,
title = "Optimal dynamic pricing and inventory control with stock deterioration and partial backordering",
abstract = "This paper studies the optimal dynamic pricing and inventory control policies in a periodic-review inventory system with fixed ordering cost and additive demand. The inventory may deteriorate over time and the unmet demand may be partially backlogged. We identify two sufficient conditions under which (s,S,p) policies are optimal.",
keywords = "Dynamic pricing, Inventory control, Dynamic programming",
author = "Zhan Pang",
year = "2011",
month = sep,
doi = "10.1016/j.orl.2011.06.009",
language = "English",
volume = "39",
pages = "375--379",
journal = "Operations Research Letters",
issn = "0167-6377",
publisher = "Elsevier",
number = "5",

}

RIS

TY - JOUR

T1 - Optimal dynamic pricing and inventory control with stock deterioration and partial backordering

AU - Pang, Zhan

PY - 2011/9

Y1 - 2011/9

N2 - This paper studies the optimal dynamic pricing and inventory control policies in a periodic-review inventory system with fixed ordering cost and additive demand. The inventory may deteriorate over time and the unmet demand may be partially backlogged. We identify two sufficient conditions under which (s,S,p) policies are optimal.

AB - This paper studies the optimal dynamic pricing and inventory control policies in a periodic-review inventory system with fixed ordering cost and additive demand. The inventory may deteriorate over time and the unmet demand may be partially backlogged. We identify two sufficient conditions under which (s,S,p) policies are optimal.

KW - Dynamic pricing

KW - Inventory control

KW - Dynamic programming

U2 - 10.1016/j.orl.2011.06.009

DO - 10.1016/j.orl.2011.06.009

M3 - Journal article

VL - 39

SP - 375

EP - 379

JO - Operations Research Letters

JF - Operations Research Letters

SN - 0167-6377

IS - 5

ER -