Profit optimization with a power-law adjustable coefficient for zero ending inventories dynamic pricing model, stochastic demand, and fixed lifetime product
We consider a single product with a fixed lifetime and price sensitive intensity of a Poisson customers flow. A model with a power adjustable coefficient of a dynamic retail price control through the intensity of the demand is considered providing almost surely zero ending inventories at the end of...
Published in: | IFAC-PapersOnLine Vol. 55, № 10. P. 1793-1797 |
---|---|
Main Author: | |
Other Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | http://vital.lib.tsu.ru/vital/access/manager/Repository/koha:001015527 Перейти в каталог НБ ТГУ |