Dynamic pricing with capacity constraints and inventory replenishment
| dc.contributor.author | Olstad, Asmund | |
| dc.coverage.issue | 2 | cs |
| dc.coverage.volume | 3 | cs |
| dc.date.accessioned | 2015-01-09T09:38:01Z | |
| dc.date.available | 2015-01-09T09:38:01Z | |
| dc.date.issued | 2014 | cs |
| dc.description.abstract | This paper describes a fast algorithm for solving a capacitated dynamic pricing problem where the producer has the ability to store inventory. The pricing problem described is a quadratic programming problem with a structure that can be solved e ectively by a dual algorithm. The proposed algorithm gives a solution satisfying the Karush-Kuhn-Tucker conditions. This, combined with the fact that the problem has a convex feasible region with a concave objective function which we want to maximize, implies that the proposed algorithm gives a globally optimal solution. The algorithm is illustrated by numerical examples for both the single-item and the multi-item cases. | en |
| dc.format | text | cs |
| dc.format.extent | 143-166 | cs |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.citation | Mathematics for Applications. 2014, 3, č. 2, s. 143-166. ISSN 1805-3629. | cs |
| dc.identifier.doi | 10.13164/ma.2014.11 | en |
| dc.identifier.issn | 1805-3629 | |
| dc.identifier.uri | http://hdl.handle.net/11012/36717 | |
| dc.language.iso | en | cs |
| dc.publisher | Vysoké učení technické v Brně, Fakulta strojního inženýrství, Ústav matematiky | cs |
| dc.relation.ispartof | Mathematics for Applications | en |
| dc.relation.uri | http://ma.fme.vutbr.cz/archiv/3_2/ma_3_2_olstad.pdf | cs |
| dc.rights | © Vysoké učení technické v Brně, Fakulta strojního inženýrství, Ústav matematiky | cs |
| dc.rights.access | openAccess | en |
| dc.title | Dynamic pricing with capacity constraints and inventory replenishment | en |
| dc.type.driver | article | en |
| dc.type.status | Peer-reviewed | en |
| dc.type.version | publishedVersion | en |
| eprints.affiliatedInstitution.department | Ústav matematiky | cs |
| eprints.affiliatedInstitution.faculty | Fakulta strojního inženýrství | cs |