IEEE - Institute of Electrical and Electronics Engineers, Inc. - Reference effect and inventory constraint on optimal pricing for daily perishable products

2009 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)

Author(s): Koide, T. ; Sandoh, H.
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 December 2009
Conference Location: Hong Kong, China, China
Conference Date: 8 December 2009
Page(s): 370 - 374
ISBN (CD): 978-1-4244-4870-8
ISBN (Paper): 978-1-4244-4869-2
DOI: 10.1109/IEEM.2009.5373333
Regular:

This paper considers a discount pricing problem for a monopolist firm which sells daily perishable products. The products are marked down at the end of day when they are likely to be unsold in... View More

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