Joint Optimal Pricing and Ordering Decisions for Seasonal Products with Weather-Sensitive Demand

Retailers selling seasonal products often face the challenge in matching their inventory levels with uncertain market demand which is sensitive to weather conditions, such as the average seasonal temperature. Therefore, how to make the joint ordering and pricing decisions may help retailers to incre...

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Bibliographic Details
Main Authors: Hongyong Fu, Bin Dan, Xiangkai Sun
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/105098
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