We analyze an infinite horizon, single product, periodic review model in which pricing and production/inventory … general demand functions. In such a policy, the period inventory is managed based on the classical (s,S) policy and price is … determined based on the inventory position at the beginning of each period. …

a retail environment, one must take into account the interactions among inventory, dynamic pricing, and negotiation. The … outcome of the negotiation (and the final price a customer pays) depends on the inventory level, the remaining selling season … posted price and the resulting negotiation outcome as a function of inventory and time. We also show that negotiation is an …

firms make three decisions: capacity investment, production (inventory) quantity, and price. Typically, investments are made … and production (inventory) decisions relatively insensitive to uncertainty. This suggests that managers can make optimal … investment decision of the firm and its value. In contrast to production postponement, price postponement makes the investment …

another are proposed. Finally, two numerical examples are constructed that demonstrate two paradoxes: (1) that advertising on …