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Asymptotic Optimality of Constant-Order Policies in Joint Pricing and Inventory Models
Xin Chen
,
Alexander L. Stolyar
, Linwei Xin
Industrial and Enterprise Systems Engineering
Coordinated Science Lab
Electrical and Computer Engineering
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peer-review
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Keyphrases
Joint Inventory
100%
Optimal Policy
100%
Joint Pricing
100%
Asymptotic Optimality
100%
Pricing Model
100%
Orders Dynamics
100%
Inventory Model
100%
Dynamic Pricing
100%
Constant-order Policy
100%
Complex Structure
50%
Similarity Model
50%
Asymptotically Optimal
50%
Inventory Decision
50%
Curse of Dimensionality
50%
Capacity Constraints
50%
Discount Factor
50%
Price Policy
50%
Pricing Decision
50%
Inventory Level
50%
Base Stock
50%
Best Constant
50%
List Price
50%
Random Yield
50%
Zero Lead-time
50%
Pricing Control
50%
Mathematics
Asymptotics
100%
Optimality
100%
Optimal Policy
100%
Inventory Model
100%
Curse of Dimensionality
50%
Control Problems
50%
Complex Structure
50%
Discount Factor
50%