Price-Production Decisions with Deterministic Demand

Joseph Thomas
Additional contact information
Joseph Thomas: Cornell University

Management Science, 1970, vol. 16, issue 11, 747-750

Abstract: The problem of simultaneously making price and production decisions for a single product with a known deterministic demand function is considered. The objective is to maximize profit, and backorders are not allowed. Results which reduce the computations necessary for the pricing decision are given, and planning horizons are identified as in previous inventory research. These results are combined into an efficient forward algorithm.

Date: 1970
References: Add references at CitEc
Citations: View citations in EconPapers (46)

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.16.11.747 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:16:y:1970:i:11:p:747-750

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().