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We consider a retailer, facing uncertain supply and price-sensitive stochastic demand, who has to make stocking and pricing decisions for a given selling period. We also consider the case when the demand is price-sensitive deterministic and provide a unified framework for the model with additive...
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There has been significant interest in the single period newsvendor problem where, besides determining the order size, the decision maker has to set the selling price. The model is applicable when demand for the product is a stochastic function of the selling price. Although there have been...
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The vehicle routing problem with backhaul (VRPB) is an extension of the capacitated vehicle routing problem (CVRP). In VRPB, there are linehaul as well as backhaul customers. The number of vehicles is considered to be fixed and deliveries for linehaul customers must be made before any pickups...
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