Research on Pricing-Inventory Models for New Products under Uncertainty

Abstract: The authors build pricing-inventory models for a new product including multiple fuzzy parameters based on credibility programming under fuzzy resource constraints in accordance with integration idea and design a hybrid intelligent algorithm (HIA) to determine the combined pricing and inventory decisions. Furthermore, considering enterprises usually develop set of products, this paper extends the previous model for a new product to that for two new products situations and builds pricing-inventory model for two new products based on credibility programming, where the relation of the two new products, such as complementary, substitute, and independence, is considered.