Joint Pricing and Ordering Problem With Charitable Donations

dc.contributor.author Çavdaroğlu, Nur Ayvaz
dc.date.accessioned 2020-12-01T09:35:23Z
dc.date.available 2020-12-01T09:35:23Z
dc.date.issued 2020
dc.department Fakülteler, İşletme Fakültesi, İşletme Bölümü en_US
dc.description.abstract Finding the correct pricing strategy for a product with multiple versions is an issue for retailers from various industries. In this paper, joint pricing and ordering problem is considered for a product that has two versions at each selling period. Two models, namely with or without the donation option, are analyzed and optimality conditions and monotonicity properties of the decision variables are characterized. When demands of products depend on prices of both versions, donating part of old product inventory would be more profitable for the retailer. Moreover, the donation model would result in less wasted inventory, contributing to sustainability and goals of green economy. Analytical results are supported with numerical analysis of a realistic case. en_US
dc.identifier.citationcount 0
dc.identifier.doi 10.3390/su12176950 en_US
dc.identifier.issn 2071-1050 en_US
dc.identifier.issn 2071-1050
dc.identifier.issue 17 en_US
dc.identifier.scopus 2-s2.0-85091372762 en_US
dc.identifier.scopusquality Q1
dc.identifier.uri https://hdl.handle.net/20.500.12469/3494
dc.identifier.uri https://doi.org/ 10.3390/su12176950
dc.identifier.volume 12 en_US
dc.identifier.wos WOS:000569576200001 en_US
dc.institutionauthor Çavdaroğlu, Nur Ayvaz en_US
dc.language.iso en en_US
dc.publisher Mdpi en_US
dc.relation.journal Sustainabılıty en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.scopus.citedbyCount 0
dc.subject Joint pricing and ordering en_US
dc.subject Dynamic programming en_US
dc.subject Donations en_US
dc.subject Sustainability en_US
dc.subject Circular economy en_US
dc.title Joint Pricing and Ordering Problem With Charitable Donations en_US
dc.type Article en_US
dc.wos.citedbyCount 0
dspace.entity.type Publication

Files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Joint Pricing and Ordering Problem with Charitable Donations.pdf
Size:
317.45 KB
Format:
Adobe Portable Document Format
Description: