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

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.

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Year of publication:	2003-10-27
Authors:	Heuvel, W. van den ; Wagelmans, A.P.M.
Institutions:	Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
Subject:	inventory \| pricing \| dynamic programming

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Extent:	application/pdf
Series:	Research Paper. - ISSN 1566-5283.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series RePEc:dgr:eureri Number ERS-2003-072-LIS
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005288675