Joint Inventory-Pricing Optimization with General Demands: An Alternative Approach for Concavity Preservation
In this study, we provide an alternative approach for proving the preservation of concavity together with submodularity, and apply it to finite-horizon non-stationary joint inventory-pricing models with general demands. The approach characterizes the optimal price as a function of the inventory leve...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley-Blackwell
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |