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Coordination of Pricing and Inventory Decisions: A Survey and Classification

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Handbook of Quantitative Supply Chain Analysis

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 74))

Abstract

Recent years have seen scores of retail and manufacturing companies exploring innovative pricing strategies in an effort to improve their operations and ultimately the bottom line. Firms are employing such varied tools as dynamic pricing over time, target pricing to different classes of customers, or pricing to learn about customer demand. The benefits can be significant, including not only potential increases in profit, but also improvements such as reduction in demand or production variability, resulting in more efficient supply chains.

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Authors and Affiliations

  1. School of Management, University of Toronto, Canada

    L. M. A. Chan

  2. Dept. of Industrial and Systems Engineering, University of Florida, USA

    Z. J. Max Shen

  3. Dept. of Civil and Environmental Engineering and the Engineering Systems Division, Massachusetts Institute of Technology, USA

    David Simchi-Levi

  4. School of Industrial and Systems Engineering, Georgia Institute of Technology, USA

    Julie L. Swann

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  1. L. M. A. Chan
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  2. Z. J. Max Shen
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  3. David Simchi-Levi
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  4. Julie L. Swann
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Editor information

Editors and Affiliations

  1. Massachusetts Institute of Technology, USA

    David Simchi-Levi

  2. Lehigh University, USA

    S. David Wu

  3. University of Florida, USA

    Zuo-Jun Shen

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© 2004 Springer Science+Business Media New York

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Chan, L.M.A., Shen, Z.J.M., Simchi-Levi, D., Swann, J.L. (2004). Coordination of Pricing and Inventory Decisions: A Survey and Classification . In: Simchi-Levi, D., Wu, S.D., Shen, ZJ. (eds) Handbook of Quantitative Supply Chain Analysis. International Series in Operations Research & Management Science, vol 74. Springer, Boston, MA. https://doi.org/10.1007/978-1-4020-7953-5_9

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  • DOI: https://doi.org/10.1007/978-1-4020-7953-5_9

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