Optimal Policies for the Pricing and Replenishment of Fashion Apparel considering the Effect of Fashion Level
Fashion apparel, with short product lifecycles and highly volatile demand, requires careful attention during both the initial ordering periods before the selling season and during the selling season, with its decisions regarding price and replenishment. Using Pontryagin’s maximum principle method, t...
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Main Authors: | Qi Chen, Qi Xu, Wenjie Wang |
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Format: | Article |
Language: | English |
Published: |
Wiley
2019-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2019/9253605 |
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