We consider the problem of joint inventory and pricing control in a finite-horizon setting with Poisson demand, positive lead time, and lost sales. We study the performance of a lead time independent heuristic control, which we call Dynamic Batch Pricing (DBP), and show that it is asymptotically...

We study a firm's optimal strategy to adjust its capacity using demand information. The capacity adjustment is costly and often subject to managerial hurdles which sometimes make it difficult to adjust capacity multiple times. In order to clearly analyze the impact of demand learning on the...