Status | 已發表Published |
Dynamic Pricing Strategies for Stable Production Plans | |
Gunnar Feldmann1; Abhijit Deshmukh1; Zhaotong Lian2 | |
2002 | |
Conference Name | IIE annual conference and exhibition |
Source Publication | Proceedings of Annual IIE Conference and Exhibition |
Conference Date | 2002 |
Conference Place | - |
Abstract | This paper addresses a dynamic pricing model for non-perishable products in the presence of stable productions plans. We consider a firm trying to maximize profits over a finite time horizon. The pricing mechanism incorporates a reference price function to predict the customers response to changes in price. Computational results presented in this paper compare the profit generated from fixed and dynamic pricing strategies. |
Keyword | Dynamic Pricing, Reference Price, Stable Production Plans |
Language | 英語English |
Document Type | Conference paper |
Collection | DEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT University of Macau |
Affiliation | 1.Department of Mechanical and Industrial Engineering, University of Massachusetts 2.Faculty of Business Administration, University of Macau |
Recommended Citation GB/T 7714 | Gunnar Feldmann,Abhijit Deshmukh,Zhaotong Lian. Dynamic Pricing Strategies for Stable Production Plans[C], 2002. |
APA | Gunnar Feldmann., Abhijit Deshmukh., & Zhaotong Lian (2002). Dynamic Pricing Strategies for Stable Production Plans. Proceedings of Annual IIE Conference and Exhibition. |
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