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...

Full description

Saved in:
Bibliographic Details
Main Authors: Jinxian Quan, Sung-Won Cho
Format: article
Language:EN
Published: MDPI AG 2021
Subjects:
Online Access:https://doaj.org/article/99ca9ac9bdd14319976de1bdad3ab6ea
Tags: Add Tag
No Tags, Be the first to tag this record!