A note on a multi-period profit maximizing model for retail supply chain management

van den Heuvel, Wilco; Wagelmans, Albert

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.

Additional Metadata
Keywords	dynamic programming, inventory, pricing
JEL	Production, Pricing, and Market Structure; Size Distribution of Firms (jel L11), Business Administration and Business Economics; Marketing; Accounting (jel M), Production Management (jel M11), Transportation Systems (jel R4)
Persistent URL	hdl.handle.net/1765/991
Series	ERIM Report Series Research in Management
Organisation	Erasmus Research Institute of Management
Citation APA Style AAA Style APA Style Cell Style Chicago Style Harvard Style IEEE Style MLA Style Nature Style Vancouver Style American-Institute-of-Physics Style Council-of-Science-Editors Style BibTex Format Endnote Format RIS Format CSL Format DOIs only Format	van den Heuvel, W., & Wagelmans, A. (2003). A note on a multi-period profit maximizing model for retail supply chain management (No. ERS-2003-072-LIS). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/991

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A note on a multi-period profit maximizing model for retail supply chain management

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