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Control Number313977
Date and Time of Latest Transaction20150706094036.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameGuoqing Zhang
 Jianmai Shi
Title StatementMulti-product budget-constrained acquisition and pricing with uncertain demand and supplier quantity discounts by Jianmai Shi and Guoqing Zhang
Physical Descriptionpages 322-331 computer file; text; 329kb
Summary, Etc.We consider the joint acquisition and pricing problem where the retailer sells multiple products with uncertain demands and the suppliers provide all unit quantity discounts. The problem is to determine the optimal acquisition quantities and selling prices so as to maximize the retailer’s expected profit, subject to a budget constraint. This is the first extension to consider supplier discounts in the constrained multi-product newsvendor pricing problem. We establish a mixed integer nonlinear programming (MINLP) model to formulate the problem, and develop a Lagrangian-based solution approach. Computational results for the test problems involving up to thousand products are reported, which show that the proposed approach can obtain high quality solutions in a very short time.04
Subject Added Entry - Topical TermSocial sciences04
 Acquisition04
 Newsvendor04
 Budget-constrained
LocationDOST STII ScienceDirect NONPRINTS NP 14-16476 1 14-16476 Online/Download 2012-01-19
  
     
 
Physical Location
Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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