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Author

Arikan, Emel. Author.

Title Single Period Inventory Control and Pricing An Empirical and Analytical Study of a Generalized Model Emel Arikan.

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Copies

Location	Call No.	OPAC Message	Status
Axe JSTOR Open Ebooks	Electronic Book	---	Available

Edition	1st, New ed.
Description	1 online resource.
	text txt rdacontent
	computer c rdamedia
	online resource cr rdacarrier
Series	Forschungsergebnisse der Wirtschaftsuniversität Wien 43.
	Free online access: JSTOR.
Thesis	Thesis (Doctoral).
Contents	Inventory management -- Review of the newsvendor model -- Price-taking and price-setting newsvendor model -- Empirical study -- Simulation of profits -- Analysis of the generalized model -- Elasticity of expected sales -- Optimality conditions -- Structural properties -- Numerical study.
Summary	The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.
Biography	Emel Arikan holds an M. Sc. in Industrial Engineering and a doctoral degree in Social and Economic Sciences. She worked as researcher and lecturer at the Institute for Production Management at the Vienna University of Economics and Business. Her research interests include Operations Management, Inventory Control and Pricing.
Note	Online resource; title from title screen (viewed December 28, 2018).
Subject	Pricing.
	Inventory control.
	Price fixing.
	Prix -- Fixation.
	Gestion des stocks.
	inventorying.
	BUSINESS & ECONOMICS -- Economics -- General.
	Price fixing
	Inventory control
	Pricing
Genre/Form	dissertations.
	Academic theses
	Academic theses.
	Thèses et écrits académiques.
Other Form:	Print version: 9783631612224
ISBN	9783631753941
	3631753942
Standard No.	9783631753941
	10.3726/b13914 doi
	AU@ 000065197711