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- W2381406388 abstract "The dynamic pricing model of the perishable product with the price-dependent demand using the optimal control theory is established. The objective is to maximize the total sales profit within the sale planning horizon. The optimal conditions of the sale price are obtained according to the Pontryagin maximum principle. And if the sale price is between the unit purchasing cost of the product and the upper limit of the sale price,a lower limit of the optimal sale price and a higher limit of the optimal inventory level at every time point of the sale planning horizon are obtained which are both related to the perishable rate and the unit holding cost of the product at every time point of the sale planning horizon." @default.
- W2381406388 created "2016-06-24" @default.
- W2381406388 creator A5044391940 @default.
- W2381406388 date "2013-01-01" @default.
- W2381406388 modified "2023-09-24" @default.
- W2381406388 title "Dynamic Pricing Model of Perishable Items with Price-dependent Demand" @default.
- W2381406388 hasPublicationYear "2013" @default.
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