Optimal Ordering Policy for Retailers with Bayesian Information Updating in a Presale System
In this study, we investigate inventory allocation and pricing strategies for retailers by incorporating demand information into the issue of inventory allocation during the presale period. In a presale system, retailers offer presale goods at a price lower than the retail price. By offering product...
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Auteurs principaux: | Jinxian Quan, Sung-Won Cho |
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Format: | article |
Langue: | EN |
Publié: |
MDPI AG
2021
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Accès en ligne: | https://doaj.org/article/99ca9ac9bdd14319976de1bdad3ab6ea |
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