scholarly journals Optimal pricing of perishable products with replenishment policy in the presence of strategic consumers

2019 ◽  
Vol 15 (4) ◽  
pp. 1579-1597 ◽  
Author(s):  
Guodong Yi ◽  
◽  
Xiaohong Chen ◽  
Chunqiao Tan ◽  
◽  
...  
Keyword(s):  
Optimal Pricing ◽  
Perishable Products ◽  
Strategic Consumers ◽  
Replenishment Policy

scholarly journals Optimal pricing strategy: How to sell to strategic consumers?

2021 ◽  
pp. 108367
Author(s):  
Meng Wu ◽  
Yun Ran ◽  
Stuart X. Zhu
Keyword(s):  
Pricing Strategy ◽  
Optimal Pricing ◽  
Strategic Consumers ◽  
Optimal Pricing Strategy

scholarly journals Optimal pricing policies for perishable products

2005 ◽  
Vol 166 (1) ◽  
pp. 246-254 ◽  
Author(s):  
Miguel F. Anjos ◽  
Russell C.H. Cheng ◽  
Christine S.M. Currie
Keyword(s):  
Optimal Pricing ◽  
Perishable Products ◽  
Pricing Policies

scholarly journals The Pricing Decision and Channel Choice of Upgraded Products in the Presence of Strategic Consumers

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Lingzhi Shao
Keyword(s):  
Dynamic Game ◽  
Optimal Pricing ◽  
Strategic Consumers ◽  
Channel Choice ◽  
Pricing Decisions ◽  
Dual Channel ◽  
Pricing Decision

Many dual-channel suppliers need to make appropriate strategies for their upgraded products in the presence of strategic consumers. This paper develops a two-period dynamic game framework to explore the optimal pricing and upgrade the channel choice when the supplier introduces new upgraded products to a market populated by strategic consumers. The results show that, under any upgrade channel choice, the strategic consumers’ behavior has impacts on supplier and retailer’s pricing decisions and reduces their profit. The supplier could choose appropriate upgrade channel to improve his performance according to the consumers’ patience and innovation level of upgrade products. The supplier should choose pure offline channel to upgrade products when the innovation level of upgraded product B is relatively small. With the sufficiently high innovation level, the supplier should adopt pure offline channel to upgrade products when consumers’ patience is low and uses dual-channel upgrade strategy when the patience is high enough.

scholarly journals Optimal Pricing with Speculators and Strategic Consumers

2010 ◽  
Vol 56 (1) ◽  
pp. 25-40 ◽  
Author(s):  
Xuanming Su
Keyword(s):  
Optimal Pricing ◽  
Strategic Consumers

OPTIMAL PRICING AND REPLENISHMENT POLICY FOR NONINSTANTANEOUS DETERIORATING ITEMS AND TWO LEVELS OF STORAGE

2013 ◽  
Vol 30 (04) ◽  
pp. 1350001 ◽  
Author(s):  
IRIS-PANDORA KROMMYDA ◽  
KONSTANTINA SKOURI ◽  
IOANNIS KONSTANTARAS ◽  
IOANNIS GANAS
Keyword(s):  
Time Lag ◽  
Solution Procedure ◽  
Inventory Systems ◽  
Deteriorating Items ◽  
Optimal Pricing ◽  
Nonincreasing Function ◽  
Replenishment Policy ◽  
Excess Quantity ◽  
Special Circumstances ◽  
Dependent Demand

In this paper an inventory control system for deteriorating items with price and time-dependent demand is studied. The majority of the existing literature in inventory systems for deteriorating items, deals with items that are subject to deterioration as soon as they enter the warehouse. However, there are items that have a shelf-life and start deteriorating after a time lag (noninstantaneous deteriorating items). Under some special circumstances, i.e., attractive price discount, low storage cost, high demand, etc; the procurement of a large amount of such items at a time is decided. Because of the fixed capacity of the own warehouse (OW), a rented warehouse (RW) is used to store the excess quantity. In the present paper, a two-warehouse inventory model for noninstantaneous deteriorating items is developed. Shortages at OW are also allowed and partially backlogged at a rate, which is any nonincreasing function of the waiting time up to the next replenishment. For this model, we propose a simple solution procedure to determine the optimal pricing and replenishment schedule.

Skimming or penetration: optimal pricing of new fashion products in the presence of strategic consumers

2014 ◽  
Vol 257 (1-2) ◽  
pp. 275-295 ◽  
Author(s):  
Peng Du ◽  
Qiushuang Chen
Keyword(s):  
Optimal Pricing ◽  
Strategic Consumers ◽  
Fashion Products

scholarly journals Optimal Pricing with Speculators and Strategic Consumers

2009 ◽  
Author(s):  
Xuanming Su
Keyword(s):  
Optimal Pricing ◽  
Strategic Consumers
Sign in / Sign up

Export Citation Format

Share Document