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Abstract:
Taking into account the limited sales period and uncertain demand of seasonal products, the online strategy and competitive analysis were introduced to design markdown pricing strategy specific to various situations for retails. The given strategy is proved having the optimal competitive ratio. Moreover, the relationship between the number of price markdown and competitive ratio was analyzed for how to design markdown pricing strategy. The feasibility and effectiveness of the given strategy was presented according to the analysis of numeric examples.
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Source :
Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice
ISSN: 1000-6788
Year: 2011
Issue: 11
Volume: 31
Page: 2070-2076
Cited Count:
WoS CC Cited Count: 0
SCOPUS Cited Count:
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 8
Affiliated Colleges: