Joint Pricing and Inventory Control under Reference Price Effects
In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price f...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Gimpl-Heersink, Lisa [verfasserIn] |
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| Format: |
E-Book |
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| Sprache: |
Englisch |
| Erschienen: |
Bern: Peter Lang International Academic Publishers ; 2018 |
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| Rechteinformationen: |
Open Access Creative Commons ; https://creativecommons.org/licenses/by/4.0/legalcode |
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| Schlagwörter: |
Production & quality control management Purchasing & supply management |
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| Umfang: |
1 Online-Ressource (124 p.) |
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| Reihe: |
Forschungsergebnisse der Wirtschaftsuniversitaet Wien ; 33 |
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| Links: | |
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| ISBN: |
978-3-631-75380-4 |
| Katalog-ID: |
1836409265 |
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9783631753804 978-3-631-75380-4 (DE-627)1836409265 (DE-599)KEP06213003X (OCoLC)1193106946 (OAPEN)26874 (EBP)06213003X DE-627 eng DE-627 rda eng KJMV5 bicssc KJMV8 bicssc Gimpl-Heersink, Lisa verfasserin aut Joint Pricing and Inventory Control under Reference Price Effects Bern Peter Lang International Academic Publishers 2018 1 Online-Ressource (124 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier Forschungsergebnisse der Wirtschaftsuniversitaet Wien 33 Open Access Unrestricted online access star In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price formed on the basis of past purchases. Immediate effects of price reductions on profits have to be weighted against the resulting losses in future periods. By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers’ willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting Creative Commons https://creativecommons.org/licenses/by/4.0/legalcode cc English Production & quality control management Purchasing & supply management Production and quality control management Purchasing and supply management https://library.oapen.org/bitstream/id/d37f6455-2bf9-44b2-8579-7872968c2723/1003169.pdf X:OAPEN Verlag OAPEN Library: download the publication kostenfrei http://library.oapen.org/handle/20.500.12657/26874 X:OAPEN Verlag OAPEN Library: description of the publication kostenfrei ZDB-94-OAL GBV_ILN_22 ISIL_DE-18 SYSFLAG_1 GBV_KXP GBV_ILN_23 ISIL_DE-830 GBV_ILN_30 ISIL_DE-104 GBV_ILN_31 ISIL_DE-27 GBV_ILN_34 ISIL_DE-18-302 GBV_ILN_39 ISIL_DE-547 GBV_ILN_40 ISIL_DE-7 GBV_ILN_63 ISIL_DE-Wim2 GBV_ILN_65 ISIL_DE-3 GBV_ILN_70 ISIL_DE-89 GBV_ILN_72 ISIL_DE-35 GBV_ILN_95 ISIL_DE-542 GBV_ILN_110 ISIL_DE-Luen4 GBV_ILN_136 ISIL_DE-Wis1 GBV_ILN_147 ISIL_DE-Fl3 GBV_ILN_161 ISIL_DE-960 GBV_ILN_187 ISIL_DE-Ki95 GBV_ILN_213 ISIL_DE-551 GBV_ILN_230 ISIL_DE-552 GBV_ILN_283 ISIL_DE-Ha163 GBV_ILN_293 ISIL_DE-960-3 GBV_ILN_370 ISIL_DE-1373 GBV_ILN_603 ISIL_DE-B1556 GBV_ILN_808 GBV_ILN_2403 ISIL_DE-LFER BO 22 01 0018 4280068283 OLR-ZDB-94-OAL OAPEN Library zu 01-03-23 23 01 0830 4280620067 OLR-OAPEN f z 01-03-23 30 01 0104 4280980152 GBV-OAPEN z 01-03-23 31 01 0027 4280260206 z 01-03-23 34 01 3551 4278818556 OLR-OAPEN zi002 01-03-23 39 01 0547 4281170685 GBV-OAPEN ke 01-03-23 40 01 0007 4279887055 OLR-OAPEN xsn 01-03-23 63 01 3401 4281550704 E-Books LF GBV-OAPEN z 01-03-23 65 01 0003 4281784144 OLR-OAPEN z 01-03-23 70 01 0089 4280441162 OLR-OAPEN-OA OAPEN Online Library Open Access eBook z 01-03-23 72 01 0035 4278637306 OLR-OAPEN-OA OAPEN Online Library Open Access eBook z 01-03-23 95 01 3095 4343166597 OLR-OAL Vervielfältigungen (z.B. 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By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers’ willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting Creative Commons https://creativecommons.org/licenses/by/4.0/legalcode cc English Production & quality control management Purchasing & supply management Production and quality control management Purchasing and supply management https://library.oapen.org/bitstream/id/d37f6455-2bf9-44b2-8579-7872968c2723/1003169.pdf X:OAPEN Verlag OAPEN Library: download the publication kostenfrei http://library.oapen.org/handle/20.500.12657/26874 X:OAPEN Verlag OAPEN Library: description of the publication kostenfrei ZDB-94-OAL GBV_ILN_22 ISIL_DE-18 SYSFLAG_1 GBV_KXP GBV_ILN_23 ISIL_DE-830 GBV_ILN_30 ISIL_DE-104 GBV_ILN_31 ISIL_DE-27 GBV_ILN_34 ISIL_DE-18-302 GBV_ILN_39 ISIL_DE-547 GBV_ILN_40 ISIL_DE-7 GBV_ILN_63 ISIL_DE-Wim2 GBV_ILN_65 ISIL_DE-3 GBV_ILN_70 ISIL_DE-89 GBV_ILN_72 ISIL_DE-35 GBV_ILN_95 ISIL_DE-542 GBV_ILN_110 ISIL_DE-Luen4 GBV_ILN_136 ISIL_DE-Wis1 GBV_ILN_147 ISIL_DE-Fl3 GBV_ILN_161 ISIL_DE-960 GBV_ILN_187 ISIL_DE-Ki95 GBV_ILN_213 ISIL_DE-551 GBV_ILN_230 ISIL_DE-552 GBV_ILN_283 ISIL_DE-Ha163 GBV_ILN_293 ISIL_DE-960-3 GBV_ILN_370 ISIL_DE-1373 GBV_ILN_603 ISIL_DE-B1556 GBV_ILN_808 GBV_ILN_2403 ISIL_DE-LFER BO 22 01 0018 4280068283 OLR-ZDB-94-OAL OAPEN Library zu 01-03-23 23 01 0830 4280620067 OLR-OAPEN f z 01-03-23 30 01 0104 4280980152 GBV-OAPEN z 01-03-23 31 01 0027 4280260206 z 01-03-23 34 01 3551 4278818556 OLR-OAPEN zi002 01-03-23 39 01 0547 4281170685 GBV-OAPEN ke 01-03-23 40 01 0007 4279887055 OLR-OAPEN xsn 01-03-23 63 01 3401 4281550704 E-Books LF GBV-OAPEN z 01-03-23 65 01 0003 4281784144 OLR-OAPEN z 01-03-23 70 01 0089 4280441162 OLR-OAPEN-OA OAPEN Online Library Open Access eBook z 01-03-23 72 01 0035 4278637306 OLR-OAPEN-OA OAPEN Online Library Open Access eBook z 01-03-23 95 01 3095 4343166597 OLR-OAL Vervielfältigungen (z.B. 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Die Weitergabe an Dritte sowie systematisches Downloaden sind untersagt. z 01-03-23 161 01 0960 4278074700 OLR-OAPEN OAPEN Online Library Open Access eBook z 28-02-23 187 01 3520 4278457979 JSTOR Open Access eBook z 28-02-23 213 01 0551 4279173737 OLR-OAPEN OAPEN Online Library Open Access eBook z 01-03-23 230 01 0552 4279350914 OLR-OAPEN OAPEN Online Library Open Access eBook z 01-03-23 283 01 3283 4279709823 OLR-OAL z 01-03-23 293 01 3293 427825394X OLR-OAPEN OAPEN Online Library Open Access eBook z 28-02-23 370 01 4370 4278996306 OLR-FREE Kostenloser Zugriff z 01-03-23 603 01 4603 427789688X OLR-OAPEN Bitte beachten Sie die Nutzungsbedingungen und Copyright-Bestimmungen des Verlages/Herausgebers. z 28-02-23 808 01 4808 4280798982 OLR-OAPEN OAPEN Library zg 01-03-23 2403 01 DE-LFER 4307482174 00 --%%-- --%%-- n --%%-- l01 11-04-23 22 01 0018 Volltextzugang http://library.oapen.org/handle/20.500.12657/26874 23 01 0830 http://library.oapen.org/handle/20.500.12657/26874 30 01 0104 Open Access http://library.oapen.org/handle/20.500.12657/26874 31 01 0027 eBook GBV-OAPEN http://library.oapen.org/handle/20.500.12657/26874 34 01 3551 OpenAccess http://library.oapen.org/handle/20.500.12657/26874 40 01 0007 Volltext, Open Access http://library.oapen.org/handle/20.500.12657/26874 63 01 3401 E-Book http://library.oapen.org/handle/20.500.12657/26874 65 01 0003 Open Access http://library.oapen.org/handle/20.500.12657/26874 65 01 0003 Dieser Titel ist Teil einer Datenbank http://www.bibliothek.uni-regensburg.de/dbinfo/detail.php?titel_id=10728&bib_id=ulb_hal 70 01 0089 http://library.oapen.org/handle/20.500.12657/26874 LF 72 01 0035 http://library.oapen.org/handle/20.500.12657/26874 95 01 3095 http://library.oapen.org/handle/20.500.12657/26874 110 01 3110 Open Access http://library.oapen.org/handle/20.500.12657/26874 136 01 3526 Open Access http://library.oapen.org/handle/20.500.12657/26874 147 01 3528 http://library.oapen.org/handle/20.500.12657/26874 161 01 0960 http://library.oapen.org/handle/20.500.12657/26874 LF 187 01 3520 http://library.oapen.org/handle/20.500.12657/26874 213 01 0551 http://library.oapen.org/handle/20.500.12657/26874 230 01 0552 http://library.oapen.org/handle/20.500.12657/26874 283 01 3283 http://library.oapen.org/handle/20.500.12657/26874 293 01 3293 http://library.oapen.org/handle/20.500.12657/26874 LF 370 01 4370 http://library.oapen.org/handle/20.500.12657/26874 603 01 4603 http://library.oapen.org/handle/20.500.12657/26874 808 01 4808 Volltextzugang http://library.oapen.org/handle/20.500.12657/26874 2403 01 DE-LFER https://library.oapen.org/bitstream/id/d37f6455-2bf9-44b2-8579-7872968c2723/1003169.pdf 31 01 0027 00 eBook GBV-OAPEN 22 01 0018 OLR-ZDB-94-OAL 23 01 0830 OLR-OAPEN 30 01 0104 GBV-OAPEN 34 01 3551 OLR-OAPEN 39 01 0547 GBV-OAPEN 39 01 0547 LF 40 01 0007 OLR-OAPEN 63 01 3401 E-Books LF GBV-OAPEN 65 01 0003 OLR-OAPEN 70 01 0089 OLR-OAPEN-OA 72 01 0035 OLR-OAPEN-OA 95 01 3095 OLR-OAL 110 01 3110 OLR-GBV-OAPEN 136 01 3526 OLR-OAPEN 147 01 3528 OLR-OAPEN 161 01 0960 OLR-OAPEN 213 01 0551 OLR-OAPEN 230 01 0552 OLR-OAPEN 283 01 3283 OLR-OAL 293 01 3293 OLR-OAPEN 370 01 4370 OLR-FREE 370 01 4370 olr-ebook GBV-OAPEN 603 01 4603 OLR-OAPEN 808 01 4808 OLR-OAPEN |
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Kopien, Downloads) sind nur von einzelnen Kapiteln oder Seiten und nur zum eigenen wissenschaftlichen Gebrauch erlaubt. Die Weitergabe an Dritte sowie systematisches Downloaden sind untersagt. z 24-06-23 110 01 3110 4281355448 OLR-GBV-OAPEN Open Access z 01-03-23 136 01 3526 4279528128 OLR-OAPEN z 01-03-23 147 01 3528 4281998667 OLR-OAPEN frei verfügbar für Europa-Universität Flensburg, Hochschule Flensburg und Zentrale Hochschulbibliothek Vervielfältigungen (z.B. Kopien, Downloads) sind nur von einzelnen Kapiteln oder Seiten und nur zum eigenen wissenschaftlichen Gebrauch erlaubt. Die Weitergabe an Dritte sowie systematisches Downloaden sind untersagt. z 01-03-23 161 01 0960 4278074700 OLR-OAPEN OAPEN Online Library Open Access eBook z 28-02-23 187 01 3520 4278457979 JSTOR Open Access eBook z 28-02-23 213 01 0551 4279173737 OLR-OAPEN OAPEN Online Library Open Access eBook z 01-03-23 230 01 0552 4279350914 OLR-OAPEN OAPEN Online Library Open Access eBook z 01-03-23 283 01 3283 4279709823 OLR-OAL z 01-03-23 293 01 3293 427825394X OLR-OAPEN OAPEN Online Library Open Access eBook z 28-02-23 370 01 4370 4278996306 OLR-FREE Kostenloser Zugriff z 01-03-23 603 01 4603 427789688X OLR-OAPEN Bitte beachten Sie die Nutzungsbedingungen und Copyright-Bestimmungen des Verlages/Herausgebers. z 28-02-23 808 01 4808 4280798982 OLR-OAPEN OAPEN Library zg 01-03-23 2403 01 DE-LFER 4307482174 00 --%%-- --%%-- n --%%-- l01 11-04-23 22 01 0018 Volltextzugang http://library.oapen.org/handle/20.500.12657/26874 23 01 0830 http://library.oapen.org/handle/20.500.12657/26874 30 01 0104 Open Access http://library.oapen.org/handle/20.500.12657/26874 31 01 0027 eBook GBV-OAPEN http://library.oapen.org/handle/20.500.12657/26874 34 01 3551 OpenAccess http://library.oapen.org/handle/20.500.12657/26874 40 01 0007 Volltext, Open Access http://library.oapen.org/handle/20.500.12657/26874 63 01 3401 E-Book http://library.oapen.org/handle/20.500.12657/26874 65 01 0003 Open Access http://library.oapen.org/handle/20.500.12657/26874 65 01 0003 Dieser Titel ist Teil einer Datenbank http://www.bibliothek.uni-regensburg.de/dbinfo/detail.php?titel_id=10728&bib_id=ulb_hal 70 01 0089 http://library.oapen.org/handle/20.500.12657/26874 LF 72 01 0035 http://library.oapen.org/handle/20.500.12657/26874 95 01 3095 http://library.oapen.org/handle/20.500.12657/26874 110 01 3110 Open Access http://library.oapen.org/handle/20.500.12657/26874 136 01 3526 Open Access http://library.oapen.org/handle/20.500.12657/26874 147 01 3528 http://library.oapen.org/handle/20.500.12657/26874 161 01 0960 http://library.oapen.org/handle/20.500.12657/26874 LF 187 01 3520 http://library.oapen.org/handle/20.500.12657/26874 213 01 0551 http://library.oapen.org/handle/20.500.12657/26874 230 01 0552 http://library.oapen.org/handle/20.500.12657/26874 283 01 3283 http://library.oapen.org/handle/20.500.12657/26874 293 01 3293 http://library.oapen.org/handle/20.500.12657/26874 LF 370 01 4370 http://library.oapen.org/handle/20.500.12657/26874 603 01 4603 http://library.oapen.org/handle/20.500.12657/26874 808 01 4808 Volltextzugang http://library.oapen.org/handle/20.500.12657/26874 2403 01 DE-LFER https://library.oapen.org/bitstream/id/d37f6455-2bf9-44b2-8579-7872968c2723/1003169.pdf 31 01 0027 00 eBook GBV-OAPEN 22 01 0018 OLR-ZDB-94-OAL 23 01 0830 OLR-OAPEN 30 01 0104 GBV-OAPEN 34 01 3551 OLR-OAPEN 39 01 0547 GBV-OAPEN 39 01 0547 LF 40 01 0007 OLR-OAPEN 63 01 3401 E-Books LF GBV-OAPEN 65 01 0003 OLR-OAPEN 70 01 0089 OLR-OAPEN-OA 72 01 0035 OLR-OAPEN-OA 95 01 3095 OLR-OAL 110 01 3110 OLR-GBV-OAPEN 136 01 3526 OLR-OAPEN 147 01 3528 OLR-OAPEN 161 01 0960 OLR-OAPEN 213 01 0551 OLR-OAPEN 230 01 0552 OLR-OAPEN 283 01 3283 OLR-OAL 293 01 3293 OLR-OAPEN 370 01 4370 OLR-FREE 370 01 4370 olr-ebook GBV-OAPEN 603 01 4603 OLR-OAPEN 808 01 4808 OLR-OAPEN |
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In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price formed on the basis of past purchases. Immediate effects of price reductions on profits have to be weighted against the resulting losses in future periods. By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers’ willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting |
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code="x">4603</subfield><subfield code="a">OLR-OAPEN</subfield></datafield><datafield tag="995" ind1=" " ind2=" "><subfield code="2">808</subfield><subfield code="1">01</subfield><subfield code="x">4808</subfield><subfield code="a">OLR-OAPEN</subfield></datafield></record></collection>
|
| score |
7.0147 |