DocumentCode :
3506991
Title :
Research on Optimum Pricing of Professional Sale-Driven Distribution Center under Uncertain Conditions
Author :
Feng, Fenling ; Chen, Zhiya
Author_Institution :
Sch. of Traffic & Transp. Eng., Central South Univ., Changsha
fYear :
2007
fDate :
21-25 Sept. 2007
Firstpage :
4752
Lastpage :
4755
Abstract :
The paper studies the optimum pricing of the professional sale-driven distribution center of which the demand and supply are stochastic. A model is set up to reflect the dynamic inventory of the distribution center. The term to avoid bankruptcy is analysis. (Conditions to avoid bankruptcy is analyzed) The optimistic margin of the professional sale-driven distribution center is studied when the inventory level keeps stable. And the conclusion is that there exist the P*a - P*b which make the expected yield of the professional sale-driven distribution center maximum, and that the value of optimistic margin is fixed, it is only decided by the highest sending price which the center can bear and the lowest price that supplier would like to sell goods.
Keywords :
goods distribution; inventory management; optimisation; pricing; sales management; stochastic processes; supply and demand; bankruptcy avoidance; dynamic inventory; inventory level stability; optimistic margin; optimum pricing; professional sale-driven distribution center; sending price; stochastic demand; stochastic supply; Delay; Inventory management; Logistics; Marketing and sales; Pricing; Production; Stochastic processes; Supply and demand; Traffic control; Transportation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
Type :
conf
DOI :
10.1109/WICOM.2007.1167
Filename :
4340942
Link To Document :
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