The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.
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Emel Arıkan holds an M.Sc. in Industrial Engineering and a doctoral degree in Social and Economic Sciences. She worked as researcher and lecturer at the Institute for Production Management at the Vienna University of Economics and Business. Her research interests include Operations Management, Inventory Control and Pricing.
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Buch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly. 118 pp. Englisch. Bestandsnummer des Verkäufers 9783631612224
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. This book presents an analytical and empirical study which compares different demand models with a flexible model based on price and invento. Bestandsnummer des Verkäufers 123588278
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Buch. Zustand: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.Lang, Peter GmbH, Gontardstraße 11, 10178 Berlin 118 pp. Englisch. Bestandsnummer des Verkäufers 9783631612224
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Buch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly. Bestandsnummer des Verkäufers 9783631612224
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Buch. Zustand: Neu. Single Period Inventory Control and Pricing | An Empirical and Analytical Study of a Generalized Model | Emel Arikan | Buch | Englisch | 2011 | Peter Lang | EAN 9783631612224 | Verantwortliche Person für die EU: Lang, Peter GmbH, Gontardstr. 11, 10178 Berlin, r[dot]boehm-korff[at]peterlang[dot]com | Anbieter: preigu Print on Demand. Bestandsnummer des Verkäufers 103733162
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