Optimal Price-Inventory Decisions: Profit vs. ROII

REFERENCES

• Arcelus , F. J. , and Srinivasan , G. , “ A ROI-Maximizing EOQ Model Under Variable Demand and Markup Rates ,” Engineering Costs and Production Economics , 9 , 113 – 117 ( 1985 ).
   Web of Science ®Google Scholar
• Arcelus , F. J. , and Srinivasan , G. , “ Inventory Policies Under Various Optimizing Criteria and Variable Markup Rates ,” Management Science , 33 , 6 , 756 – 762 ( June 1987 ).
   Web of Science ®Google Scholar
• Avriel , M. , “ r-Convex Functions ,” Mathematical Programming , 2 , 309 – 323 ( 1972 ).
   Google Scholar
• Eilon , S. , “ Economic Batch-size Determination for Multiproduct Scheduling ,” Operational Research Quarterly , 10 , 4 , 217 – 227 . ( 1961 ).
   Google Scholar
• Freeland , J. R. , “ Coordination Strategies for Production and Marketing in a Functionally Decentralized Firm ,” AIIE Transactions , 12 , 2 , 126 – 132 ( June 1980 ).
   Web of Science ®Google Scholar
• Hildebrand , F. B. , Introduction to Numerical Analysis , 2nd ed. , New York McGraw-Hill Book Co. , ( 1974 ) .
   Google Scholar
• Klinger , A. , and Mangasarian , O. L. , “ Logarithmic Convexity and Geometric Programming ,” J. of Mathematical Analysis and Applications , 24 , 388 – 408 ( 1968 ).
   Web of Science ®Google Scholar
• Kunreuther , H. , and Richard , J. F. , “ Optimal Pricing and Inventory Decisions for Non-seasonal Items ,” Econometrica , 39 , 1 , 173 – 175 ( January 1971 ).
   Web of Science ®Google Scholar
• Kunreuther , H. , and Schrage , L. , “ Joint Pricing and Inventory Decisions for Constant Priced Items ,” Management Science , 19 , 7 , 732 – 8 . ( March 1973 ).
   Web of Science ®Google Scholar
• Monroe , K. B. , Pricing Making Profitable Decisions , New York McGraw-Hill Book Co. , ( 1979 ) .
   Google Scholar
• Monroe , K. B. , and Zoltners , A. A. , “ Pricing the Product Line During Periods of Scarcity ,” J. of Marketing , 43 , 49 – 59 ( Summer 1979 ).
   Web of Science ®Google Scholar
• Rosenberg , D. , “ Monopoly Inventory Models ,” Doctoral Dissertation , New York University , New York , N.Y. ( 1977 ) .
   Google Scholar
• Schroeder , R. C. , and Krishnan , R. , “ Return on Investment as a Criterion for Inventory Models ,” Decision Sciences , 7 , 4 , 697 – 704 ( October 1976 ).
   Google Scholar
• Whitin , T. M. , “ Inventory Control and Price Theory ,” Management Science , 2 , 1 , 61 – 68 ( October 1955 ).
   Google Scholar
• Zangwill , W. I. , Nonlinear Programming A Unified Approach , Engle-wood Cliffs , N.J. Prentice-Hall, Inc. , ( 1969 ) .
   Google Scholar
• Handled by the Department of Inventory.
   Google Scholar