Template-Type: ReDIF-Paper 1.0
Author-Name: van den Heuvel, W.
Author-Name-Last: van den Heuvel
Author-Name-First: Wilco
Author-Person: pva62
Author-Name: Wagelmans, A.P.M.
Author-Name-Last: Wagelmans
Author-Name-First: Albert
Title: A note on a multi-period profit maximizing model for retail supply chain management
Abstract: In this note we present an efficient exact algorithm to solve the joint pricing and inventory problem for which Bhattacharjee and Ramesh (2000) proposed two heuristics. Our algorithm appears to be superior also in terms of computation time. Furthermore, we point out several mistakes in the paper by Bhattacharjee and Ramesh.
Creation-Date: 2003-10-27
File-URL: https://repub.eur.nl/pub/991/multi%20period%20profit%20maximizing%20model%20for%20retail%20SCM.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2003-072-LIS
Classification-JEL: L11, M, M11, R4
Keywords: dynamic programming, inventory, pricing
Handle: RePEc:ems:eureri:991