Browsing Operations Research Center Working Papers by Subject "Dynamic Pricing, Fluid Models."
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A Fluid Model of Dynamic Pricing and Inventory Management for Make-to-Stock Manufacturing Systems
(Massachusetts Institute of Technology, Operations Research Center, 2002-08)In this paper, we introduce a fluid model of dynamic pricing and inventory management for make-to-stock manufacturing systems. Instead of considering a traditional model that is based on how price affects demand, we consider ...