Now showing items 1-4 of 4

    • A comparison of fixed and dynamic pricing policies in revenue management 

      Şen, A. (2013)
      We consider the problem of selling a fixed capacity or inventory of items over a finite selling period. Earlier research has shown that using a properly set fixed price during the selling period is asymptotically optimal ...
    • Dynamic pricing under inventory considerations and price protection 

      Yıldız, Barış (Bilkent University, 2015-05)
      In high-tech industry, customers’ tendency to purchase the newest versions of products forces manufacturers to reduce the prices of older models. This puts the retailers in a vulnerable position as their own sales prices ...
    • Exact solutions and heuristics for multi-product inventory pricing problem 

      Çetin, Oğuz (Bilkent University, 2014)
      We study the multi-product inventory pricing problem under stochastic and price sensitive demand. We have initial inventory of m resources whose different combinations form n products. Products are perishable and need ...
    • Performance bounds on optimal fixed prices 

      Şen, A. (2013)
      We consider the problem of selling a fixed stock of items over a finite horizon when the buyers arrive following a Poisson process. We obtain a general lower bound on the performance of using a fixed price rather than ...