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Coordinating Pricing and Inventory Replenishment with Nonparametric Demand Learning
(2015-06)
We consider a firm (e.g., retailer) selling a single nonperishable product over a finite-period planning horizon. Demand in each period is stochastic and price-dependent, and unsatisfied demands are backlogged. At the ...
Certainty Equivalent Planning for Multi-Product Batch Differentiation: Analysis and Bounds
(2015-12)
We consider a multi-period planning problem faced by a firm that must coordinate the production and allocations of batches to end products for multiple markets. Motivated by a problem faced by a biopharmaceutical firm, we ...