Price-Production Decisions with Deterministic Demand

Joseph Thomas

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Supply Chain and Inventory Management Management and Optimization Techniques Optimization and Mathematical Programming

Abstract

The problem of simultaneously making price and production decisions for a single product with a known deterministic demand function is considered. The objective is to maximize profit, and backorders are not allowed. Results which reduce the computations necessary for the pricing decision are given, and planning horizons are identified as in previous inventory research. These results are combined into an efficient forward algorithm.

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2004Dynamic Version of the Economic Lot Size Model

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2021Quality and Private Label Encroachment Strategy 1998Optimal joint pricing and lot sizing with fixed and variable capacity 2006Joint Production and Pricing Decisions with Setup Costs and Capacity Constraints 2007Pricing and Manufacturing Decisions When Demand Is a Function of Prices in Multiple Periods 1973Joint Pricing and Inventory Decisions for Constant Priced Items 1974Simultaneous Price-Production Decisions 2002Coordination of joint pricing-production decisions in a supply chain 2010A differential game model of the marketing-operations interface

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