A note on “A multi-period profit maximizing model for retail supply chain management”

Wilco van den Heuvel; Albert Wagelmans

doi:10.1016/j.ejor.2017.01.014

A note on “A multi-period profit maximizing model for retail supply chain management”

Wilco van den Heuvel, Albert Wagelmans

Econometrics

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Abstract

In this note we present an efficient exact algorithm to solve the joint pricing and inventory problem for which Bhattacharjee and Ramesh (2000) proposed two heuristics. The algorithm is based on a method proposed by Thomas (1970) and we show additional properties which can be used to arrive at an even more efficient algorithm. Furthermore, we point out several shortcomings in the paper by Bhattacharjee and Ramesh.

Original language	English
Pages (from-to)	625-630
Number of pages	6
Journal	European Journal of Operational Research
Volume	260
Issue number	2
DOIs	https://doi.org/10.1016/j.ejor.2017.01.014
Publication status	Published - 2017

Research programs

ESE - E&MS
EUR ESE 32

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10.1016/j.ejor.2017.01.014

1-s2.0-S0377221717300371-main.pdfFinal published version, 510 KBLicence: Article 25fa Dutch Copyright Act

http://hdl.handle.net/1765/95811

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abstract = "In this note we present an efficient exact algorithm to solve the joint pricing and inventory problem for which Bhattacharjee and Ramesh (2000) proposed two heuristics. The algorithm is based on a method proposed by Thomas (1970) and we show additional properties which can be used to arrive at an even more efficient algorithm. Furthermore, we point out several shortcomings in the paper by Bhattacharjee and Ramesh.",

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AB - In this note we present an efficient exact algorithm to solve the joint pricing and inventory problem for which Bhattacharjee and Ramesh (2000) proposed two heuristics. The algorithm is based on a method proposed by Thomas (1970) and we show additional properties which can be used to arrive at an even more efficient algorithm. Furthermore, we point out several shortcomings in the paper by Bhattacharjee and Ramesh.

U2 - 10.1016/j.ejor.2017.01.014

DO - 10.1016/j.ejor.2017.01.014

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JO - European Journal of Operational Research

JF - European Journal of Operational Research

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ER -

A note on “A multi-period profit maximizing model for retail supply chain management”

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