IDEAS home Printed from https://ideas.repec.org/p/tiu/tiutis/c2488ba0-c5b4-47b3-a866-24033b1a853a.html
   My bibliography  Save this paper

Optimal pricing and inventory policies : Centralized and decentralized decision making

Author

Listed:
  • Jorgensen, S.
  • Kort, P.M.

    (Tilburg University, School of Economics and Management)

Abstract

No abstract is available for this item.

Suggested Citation

  • Jorgensen, S. & Kort, P.M., 2002. "Optimal pricing and inventory policies : Centralized and decentralized decision making," Other publications TiSEM c2488ba0-c5b4-47b3-a866-2, Tilburg University, School of Economics and Management.
  • Handle: RePEc:tiu:tiutis:c2488ba0-c5b4-47b3-a866-24033b1a853a
    as

    Download full text from publisher

    File URL: https://pure.uvt.nl/ws/portalfiles/portal/481435/PK08_.PDF
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jorgensen, Steffen & Kort, Peter M. & Zaccour, Georges, 1999. "Production, inventory, and pricing under cost and demand learning effects," European Journal of Operational Research, Elsevier, vol. 117(2), pages 382-395, September.
    2. Gustav Feichtinger & Richard F. Hartl & Suresh P. Sethi, 1994. "Dynamic Optimal Control Models in Advertising: Recent Developments," Management Science, INFORMS, vol. 40(2), pages 195-226, February.
    3. Abad, P. L., 1987. "A hierarchical optimal control model for co-ordination of functional decisions in a firm," European Journal of Operational Research, Elsevier, vol. 32(1), pages 62-75, October.
    4. Goh, M., 1994. "EOQ models with general demand and holding cost functions," European Journal of Operational Research, Elsevier, vol. 73(1), pages 50-54, February.
    5. Urban, Timothy L., 1995. "Inventory models with the demand rate dependent on stock and shortage levels," International Journal of Production Economics, Elsevier, vol. 40(1), pages 21-28, June.
    6. Thompson, Gerald L. & Sethi, Suresh P. & Teng, Jinn-Tsair, 1984. "Strong planning and forecast horizons for a model with simultaneous price and production decisions," European Journal of Operational Research, Elsevier, vol. 16(3), pages 378-388, June.
    7. Goh, Mark, 1992. "Some results for inventory models having inventory level dependent demand rate," International Journal of Production Economics, Elsevier, vol. 27(2), pages 155-160, May.
    8. Jorgensen, Steffen, 1986. "Optimal production, purchasing and pricing: A differential game approach," European Journal of Operational Research, Elsevier, vol. 24(1), pages 64-76, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lim, Sungmook, 2013. "A joint optimal pricing and order quantity model under parameter uncertainty and its practical implementation," Omega, Elsevier, vol. 41(6), pages 998-1007.
    2. Khouja, Moutaz, 2006. "A joint optimal pricing, rebate value, and lot sizing model," European Journal of Operational Research, Elsevier, vol. 174(2), pages 706-723, October.
    3. Elodie Adida & Georgia Perakis, 2007. "A nonlinear continuous time optimal control model of dynamic pricing and inventory control with no backorders," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(7), pages 767-795, October.
    4. Bauso, Dario & Giarré, Laura & Pesenti, Raffaele, 2009. "Distributed consensus in noncooperative inventory games," European Journal of Operational Research, Elsevier, vol. 192(3), pages 866-878, February.
    5. Urban, Timothy L., 2005. "Inventory models with inventory-level-dependent demand: A comprehensive review and unifying theory," European Journal of Operational Research, Elsevier, vol. 162(3), pages 792-804, May.
    6. Steffen Jørgensen, 2011. "Intertemporal Contracting in a Supply Chain," Dynamic Games and Applications, Springer, vol. 1(2), pages 280-300, June.
    7. Fleischmann, M. & Hall, J.M. & Pyke, D.F., 2005. "A Dynamic Pricing Model for Coordinated Sales and Operations," ERIM Report Series Research in Management ERS-2005-074-LIS, 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.
    8. Fleischmann, M. & Hall, J.M. & Pyke, D.F., 2003. "Smart Pricing: Linking Pricing Decisions with Operational Insights," ERIM Report Series Research in Management ERS-2004-001-LIS, 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.
    9. Transchel, Sandra & Minner, Stefan, 2009. "The impact of dynamic pricing on the economic order decision," European Journal of Operational Research, Elsevier, vol. 198(3), pages 773-789, November.
    10. Sun, Zhongmiao & Xu, Qi & Liu, Jinrong, 2021. "Pricing and replenishment decisions for seasonal and nonseasonal products in a shared supply chain," International Journal of Production Economics, Elsevier, vol. 233(C).
    11. Ata Allah Taleizadeh & Mahsa Noori-daryan & Kannan Govindan, 2016. "Pricing and ordering decisions of two competing supply chains with different composite policies: a Stackelberg game-theoretic approach," International Journal of Production Research, Taylor & Francis Journals, vol. 54(9), pages 2807-2836, May.
    12. Lihao Lu & Jianxiong Zhang & Wansheng Tang, 2016. "Optimal dynamic pricing and replenishment policy for perishable items with inventory-level-dependent demand," International Journal of Systems Science, Taylor & Francis Journals, vol. 47(6), pages 1480-1494, April.
    13. van den Berg, A.H.J. & Herings, P.J.J. & Peters, H.J.M., 2014. "The economic order decision with continuous dynamic pricing and batch supply," Research Memorandum 001, Maastricht University, Graduate School of Business and Economics (GSBE).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Erickson, Gary M., 2011. "A differential game model of the marketing-operations interface," European Journal of Operational Research, Elsevier, vol. 211(2), pages 394-402, June.
    2. Anantaram Balakrishnan & Michael S. Pangburn & Euthemia Stavrulaki, 2004. ""Stack Them High, Let 'em Fly": Lot-Sizing Policies When Inventories Stimulate Demand," Management Science, INFORMS, vol. 50(5), pages 630-644, May.
    3. Urban, Timothy L., 2005. "Inventory models with inventory-level-dependent demand: A comprehensive review and unifying theory," European Journal of Operational Research, Elsevier, vol. 162(3), pages 792-804, May.
    4. Datta, T. K. & Paul, K. & Pal, A. K., 1998. "Demand promotion by upgradation under stock-dependent demand situation - a model," International Journal of Production Economics, Elsevier, vol. 55(1), pages 31-38, June.
    5. Jorgensen, Steffen & Kort, Peter M. & Zaccour, Georges, 1999. "Production, inventory, and pricing under cost and demand learning effects," European Journal of Operational Research, Elsevier, vol. 117(2), pages 382-395, September.
    6. Shiming Deng & Candace A. Yano, 2006. "Joint Production and Pricing Decisions with Setup Costs and Capacity Constraints," Management Science, INFORMS, vol. 52(5), pages 741-756, May.
    7. De Giovanni, Pietro, 2011. "Quality improvement vs. advertising support: Which strategy works better for a manufacturer?," European Journal of Operational Research, Elsevier, vol. 208(2), pages 119-130, January.
    8. Qi Wu & Guoming Lai, 2022. "The Effects of Stock-Based Incentives on Inventory Management," Management Science, INFORMS, vol. 68(7), pages 5068-5086, July.
    9. Stavrulaki, Euthemia, 2011. "Inventory decisions for substitutable products with stock-dependent demand," International Journal of Production Economics, Elsevier, vol. 129(1), pages 65-78, January.
    10. Urban, Timothy L., 1995. "Inventory models with the demand rate dependent on stock and shortage levels," International Journal of Production Economics, Elsevier, vol. 40(1), pages 21-28, June.
    11. Kim, DaeSoo & Lee, Won J., 1998. "Optimal joint pricing and lot sizing with fixed and variable capacity," European Journal of Operational Research, Elsevier, vol. 109(1), pages 212-227, August.
    12. Anantaram Balakrishnan & Michael S. Pangburn & Euthemia Stavrulaki, 2008. "Integrating the Promotional and Service Roles of Retail Inventories," Manufacturing & Service Operations Management, INFORMS, vol. 10(2), pages 218-235, July.
    13. Dengpan Liu & Subodha Kumar & Vijay S. Mookerjee, 2012. "Advertising Strategies in Electronic Retailing: A Differential Games Approach," Information Systems Research, INFORMS, vol. 23(3-part-2), pages 903-917, September.
    14. Zhai, Yue & Zhong, Ray Y. & Huang, George Q., 2018. "Buffer space hedging and coordination in prefabricated construction supply chain management," International Journal of Production Economics, Elsevier, vol. 200(C), pages 192-206.
    15. Hou, Kuo-Lung, 2006. "An inventory model for deteriorating items with stock-dependent consumption rate and shortages under inflation and time discounting," European Journal of Operational Research, Elsevier, vol. 168(2), pages 463-474, January.
    16. Matthias Göcke & Svetlana Fedoseeva, 2016. "Optimal Monopolist Export Pricing with Dynamic Demand and Learning Curve Effects," Open Economies Review, Springer, vol. 27(3), pages 447-469, July.
    17. Elodie Adida & Georgia Perakis, 2007. "A nonlinear continuous time optimal control model of dynamic pricing and inventory control with no backorders," Naval Research Logistics (NRL), John Wiley & Sons, vol. 54(7), pages 767-795, October.
    18. Chung, Kun-Jen & Chu, Peter & Lan, Shaw-Ping, 2000. "A note on EOQ models for deteriorating items under stock dependent selling rate," European Journal of Operational Research, Elsevier, vol. 124(3), pages 550-559, August.
    19. Alfares, Hesham K., 2007. "Inventory model with stock-level dependent demand rate and variable holding cost," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 259-265, July.
    20. Pilar I. Vidal-Carreras & Jose P. Garcia-Sabater & Julio J. Garcia-Sabater, 2017. "A practical model for managing inventories with unknown costs and a budget constraint," International Journal of Production Research, Taylor & Francis Journals, vol. 55(1), pages 118-129, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiutis:c2488ba0-c5b4-47b3-a866-24033b1a853a. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: https://www.tilburguniversity.edu/about/schools/economics-and-management/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.