Author
Önal, Mehmet, Kundakcıoğlu, Ömer Erhun
Publication Date
2020-09
Publication Place
-
Springer Nature
Subject
Cannibalization, Price markdown, Deterioration
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
1862-4472
Record ID
276f59bd-77ae-4e30-a9ec-d66a1820302c
Library Location
Industrial Engineering
Date
2020-09
Sample Text
In this paper, we consider a store that sells two vertically differentiated items that might substitute each other. These items do not only differ in quality and price, but they also target two different customer segments. Items deteriorate over time and might require price adjustments to avoidcannibalization. We provide closed-form solutions for pricing and ordering of these items that lead to key managerial insights.
DOI
10.1007/s11590-020-01566-3
Cilt
14