Pricing games of duopoly service-inventory systems with lost sales

This study considers a duopoly market in which two competitors operate their own service-inventory systems. Both competitors determine their prices to maximize their profit while considering the inventory holding cost, ordering cost, and cost incurred by lost sales. Customers are price sensitive, an...

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Bibliographic Details
Main Authors: Lee, D.H (Author), Lim, D.-E (Author)
Format: Article
Language:English
Published: EDP Sciences 2022
Subjects:
Online Access:View Fulltext in Publisher