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Pricing and Inventory Policies Under a Deterministic Supply Cycle
International Journal of the Economics of Business Pub Date : 2019-11-07 , DOI: 10.1080/13571516.2019.1684637
Tchai Tavor 1 , Limor Dina Gonen 2 , Uriel Spiegel 3, 4
Affiliation  

Abstract The research investigates optimal pricing and inventory policies in the case in which the demands of different periods are identical. However, the supplies fluctuate due to cycles in nature as well as additional environmental and other factors. Each cycle contains two periods or seasons. A peak season with a large given supply is followed by a regular season with a small supply. The model deals with deterministic supply and the question of what policy is adopted regarding the quantities produced and sold in the markets at each period. It first considers the case without the use of inventory for delivery between periods. In the second case, inventory that can be produced at the peak period is only for sale at the regular period. It is sold as non-fresh inventory that is a ‘supplement’ to the fresh output produced at the regular period.

中文翻译:

确定性供应周期下的定价和库存策略

摘要研究了在不同时期需求相同的情况下的最优定价和库存策略。但是,由于自然循环以及其他环境和其他因素,供应量会波动。每个周期包含两个时期或季节。旺季供应量大,随后是常规季节供应量少的季节。该模型涉及确定性供应以及在每个时期对市场上生产和销售的数量采取何种政策的问题。它首先考虑不使用库存在两个期间之间交货的情况。在第二种情况下,可以在高峰时期生产的库存仅在正常时期出售。它以非新鲜库存的形式出售,这是对定期生产的新鲜产出的“补充”。
更新日期:2019-11-07
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