• DocumentCode
    536492
  • Title

    Retailer´s Ordering Policy for Two Substitutable Products with Dependent Random Demands

  • Author

    Wang, Jianpeng

  • Author_Institution
    Sch. of Math., Southwest Jiaotong Univ., Chengdu, China
  • fYear
    2010
  • fDate
    7-9 Nov. 2010
  • Firstpage
    1
  • Lastpage
    3
  • Abstract
    This study considers retailer´s ordering policy for two substitutable products. The demands for the two products are dependent random variables, which yield a known joint distribution. The retailer´s optimal ordering policy is derived under general conditions. A numerical example and sensitivity analysis of main parameters of the model are provided.
  • Keywords
    retail data processing; dependent random demands; joint distribution; retailer ordering policy; sensitivity analysis; substitutable products; Analytical models; Biological system modeling; Joints; Mathematical model; Sensitivity analysis; Stochastic processes;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
  • Conference_Location
    Henan
  • Print_ISBN
    978-1-4244-7159-1
  • Type

    conf

  • DOI
    10.1109/ICEEE.2010.5660189
  • Filename
    5660189
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=536492