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文章基本信息

  • 标题:Dynamic Pricing of Perishable Products under Consumer Factor
  • 本地全文:下载
  • 作者:Yanming Ge ; Jianxin Zhang
  • 期刊名称:Journal of Service Science and Management
  • 印刷版ISSN:1940-9893
  • 电子版ISSN:1940-9907
  • 出版年度:2011
  • 卷号:4
  • 期号:4
  • 页码:440-444
  • DOI:10.4236/jssm.2011.44049
  • 出版社:Scientific Research Publishing
  • 摘要:With effect of consumer factor considered, a model for dynamic pricing of perishable products is proposed. By this model, we obtained a property of the value function: marginal value is a decreasing function of the capacity and an increasing function of the consumer factor. Basing on this property, we proposed the following pricing strategy: according to the regions that the perishable products are sold, we adopt the appropriate consumer factor and then use the routine pricing strategy. This strategy not only maximizes the retailer’s revenue but also improves its service level. Lastly, a constructive example is discussed.
  • 关键词:Revenue Management; Dynamic Pricing; Perishable Product; Bellman Equation
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