東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Inventory Control and Dynamic Pricin...

Liang, Xiaoying.

Linked to FindBook

Google Book

Amazon

博客來

Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options./
Author:	Liang, Xiaoying.
Description:	124 p.
Notes:	Source: Dissertation Abstracts International, Volume: 72-04, Section: B, page: 2416.
Contained By:	Dissertation Abstracts International72-04B.
Subject:	Engineering, Industrial. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3446028
ISBN:	9781124497945

Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options.
Liang, Xiaoying.

Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options. - 124 p.

Source: Dissertation Abstracts International, Volume: 72-04, Section: B, page: 2416.

Thesis (Ph.D.)--The Chinese University of Hong Kong (Hong Kong), 2010.

The efficiency of revenue management relies on the effectiveness of the strategies it employs. In the competing market nowadays, time has become an important concern at both demand and supply sides. With time-sensitive customers and additional benefits from intertemporal demand shift, we find that the sellers could turn to a time-differentiation based strategy as an effective revenue management tool. Motivated by real-life business issues of Toyota China dealerships, in this thesis, we consider stylized inventory-control models with delivery upgrades, in which the seller allocates its on-hand inventory to price and delivery-time sensitive customers. The seller provides two delivery-time options with different prices. Customers choose the proper purchasing option according to their heterogeneous preferences. The seller has two decisions: inventory commitment and inventory replenishment. The former addresses, within an inventory cycle, how on-hand inventories are allocated between the two classes of customers. The latter addresses, between inventory cycles, how the inventory is replenished. Furthermore, the seller may employ early delivery, namely upgrade, to achieve a higher inventory flexibility. We develop the optimal inventory allocation and upgrade, and inventory replenishment policies, and demonstrate that the optimal control can be characterized by a switching curve. Based on the basic model setting, we extend our analysis to include cases of upgrade cost, stock-out substitution, and capacity constraint. We further discuss the joint pricing and inventory decision. We obtain the form of the optimal joint policy, and show that the two strategies may well complement each other in our setting. When each is applied separately, their performances are also compared. To shed more light on the practical side, finally, we use the Toyota dealership data to calibrate the required parameters, and demonstrate the potential of the optimal inventory allocation and upgrade control.

ISBN: 9781124497945Subjects--Topical Terms:

626639
Engineering, Industrial.

Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options.
LDR:02971nam 2200289 4500 001 1403713
005 20111111143228.5
008 130515s2010 ||||||||||||||||| ||eng d
020 $a 9781124497945
035 $a (UMI)AAI3446028
035 $a AAI3446028
040 $a UMI $c UMI
100 1 $a Liang, Xiaoying. $3 1682989
245 1 0 $a Inventory Control and Dynamic Pricing for Inventory Systems with Delivery Time Options.
300 $a 124 p.
500 $a Source: Dissertation Abstracts International, Volume: 72-04, Section: B, page: 2416.
500 $a Advisers: Houmin Yan; Youhua Chen.
502 $a Thesis (Ph.D.)--The Chinese University of Hong Kong (Hong Kong), 2010.
520 $a The efficiency of revenue management relies on the effectiveness of the strategies it employs. In the competing market nowadays, time has become an important concern at both demand and supply sides. With time-sensitive customers and additional benefits from intertemporal demand shift, we find that the sellers could turn to a time-differentiation based strategy as an effective revenue management tool. Motivated by real-life business issues of Toyota China dealerships, in this thesis, we consider stylized inventory-control models with delivery upgrades, in which the seller allocates its on-hand inventory to price and delivery-time sensitive customers. The seller provides two delivery-time options with different prices. Customers choose the proper purchasing option according to their heterogeneous preferences. The seller has two decisions: inventory commitment and inventory replenishment. The former addresses, within an inventory cycle, how on-hand inventories are allocated between the two classes of customers. The latter addresses, between inventory cycles, how the inventory is replenished. Furthermore, the seller may employ early delivery, namely upgrade, to achieve a higher inventory flexibility. We develop the optimal inventory allocation and upgrade, and inventory replenishment policies, and demonstrate that the optimal control can be characterized by a switching curve. Based on the basic model setting, we extend our analysis to include cases of upgrade cost, stock-out substitution, and capacity constraint. We further discuss the joint pricing and inventory decision. We obtain the form of the optimal joint policy, and show that the two strategies may well complement each other in our setting. When each is applied separately, their performances are also compared. To shed more light on the practical side, finally, we use the Toyota dealership data to calibrate the required parameters, and demonstrate the potential of the optimal inventory allocation and upgrade control.
590 $a School code: 1307.
650 4 $a Engineering, Industrial. $3 626639
650 4 $a Operations Research. $3 626629
690 $a 0546
690 $a 0796
710 2 $a The Chinese University of Hong Kong (Hong Kong). $3 1017547
773 0 $t Dissertation Abstracts International $g 72-04B.
790 1 0 $a Yan, Houmin, $e advisor
790 1 0 $a Chen, Youhua, $e advisor
790 $a 1307
791 $a Ph.D.
792 $a 2010
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3446028