• 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