Sentence examples for dynamic pricing policy from inspiring English sources

Further, we investigate the conditions of adapting dynamic pricing policy.

This observation motivates us to research the performance improvement through dynamic pricing policy.

Here, we show some benefits due to the introduction of dynamic pricing policy and related mathematical proofs.

Specifically, we propose a dynamic pricing policy for the cores and then model the problem as a continuous-time Markov decision process.

Finally, we use computational experiments to assess the benefits of dynamic pricing compared to static pricing and identify the impacts of specific parameters on the relative merits of dynamic pricing policy.

In case supply has a random yield, one way to reduce supply chain loss is by introducing a dynamic pricing policy, with the aim of manipulating demand in the market while inducing the customer to buy substitute products temporarily.

Tsao and Sheen (2008) investigated the problem of dynamic pricing, promotion, and replenishment policy for a deteriorating item with retailer's promotional efforts.

Tsao and Sheen (2008) developed the inventory model with dynamic pricing, promotion and replenishment policies for a deteriorating item under permissible delay in payments.

With the objective of maximising expected profits, we develop the optimal price and ordering decisions in the system, while comparing the system's performances with dynamic and fixed pricing policies.

However, there remains an important policy question regarding dynamic pricing: Even if dynamic pricing rules have been theoretically effective, it is unclear whether consumers actually accept dynamic pricing rules.

ZhongAn's massive scale is made possible by its cloud-based tech platform, called Wujieshan, which allows it to develop new policies, target marketing, process insurance applications and offer dynamic pricing.