where demand that cannot be satisfied during the normal selling season is satisfied at higher cost at the end. If unmet demand is lost, the price determined in the first stage has to be corrected by a term reflecting expected lost sales for a given stock, i.e. pricing and inventory ...
4. Crude oil brought in almost all other commodity prices, there is no pricing power purchasers by the international market so tightly throat strangled and passive adjust their inventory table. 原油几乎所有其他商品价格带来的,没有国际市场的定价能力购买如此紧密喉咙扼杀和被动调整他们的库存表。
We study an average-cost stochastic inventory control problem in which the firm can replenish inventory and adjust the price at anytime. We establish the optimality to change the price from low to high in each replenishment cycle as inventory is depleted. With costly price adjustment, scale econo...
Multi-item inventory policy with time-dependent pricing and rework cost The price of broiler chickens at the consumer level varies daily. The price can be very low or otherwise. The price has resulted from the imbalance between the availability of chicken from suppliers and the market demand. As...
Relevant costing Relevant costing uses relevant cash flows to assess the cost of the product or contract. These are future cash flows caused by making the product or entering the contract. For example, a contract required the use of: Components currently in inventory which had cost $...
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This dissertation mainly focuses on coordinated pricing and inventory management problems, where the related background is provided in Chapter 1. Several periodic-review models are then discussed in Chapters 2,3,4 and 5, respectively.Chapter 2 analyzes a deterministic single-product model, where a ...
As demand decreased and new models came out, Nike lowered the price through promotions and discounts. This strategy helped Nike manage inventory and attract a broader customer base, including price-sensitive shoppers who waited for discounts.
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