A MULTI-PERIOD PRICING AND INVENTORY CONTROL MODEL  

作　　者：Juliang ZHANG Jian CHEN 

机构地区：[1]Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University,Beijing 100044, China. [2]Department of Management Science and Engineering, School of Economics and Management, Tsinghua University, Beijing 100084, China.

出　　处：《Journal of Systems Science & Complexity》2010年第2期249-260,共12页系统科学与复杂性学报（英文版）

基　　金：supported by the National Natural Science Foundation of China under Grant Nos.70621061,70671100,70501014;Beijing Philosophy and Social Science, Research Center for Beijing Transportation Development

摘　　要：The authors analyze a finite horizon,single product,period review model in which pricingand inventory decisions are made simultaneously.Demands in different periods are random variablesthat are independent of each other and their distributions depend on the product price.Pricing andordering decisions are made at the beginning of each period and all shortage are backlogged.Orderingcost is a convex function of the amount ordered.The objective is to find an inventory and pricing policymaximizing expected discounted profit over the finite horizon.The authors characterize the structure ofthe optimal combined pricing and inventory strategy for this model.Moreover,the authors demonstratehow the profit-to-go function,order up to level,reorder point and optimal price change with respectto state and time.

关 键 词：Convex cost function planning horizon PRICING stochastic inventory management uncertainty. 

分 类 号：O22[理学—运筹学与控制论] O227[理学—数学]