Requirements planning with pricing and order selection flexibility Academic Article

abstract

• Past requirements-planning research has typically assumed that the firms demands are determined prior to production planning. In contrast, we explore a single-stage planning model that implicitly decides, through pricing decisions, the demand levels the firm should satisfy in order to maximize contribution to profit. We briefly discuss solution methods and properties for these problems when production capacities are unlimited. The key result of this work is a polynomial-time solution approach to the problem under time-invariant finite production capacities and piecewise-linear and concave revenue functions in price.

authors

• Geunes, Joseph

published proceedings

• OPERATIONS RESEARCH

author list (cited authors)

• Geunes, J., Romeijn, H. E., & Taaffe, K.

citation count

• 57

complete list of authors

• Geunes, J||Romeijn, HE||Taaffe, K

publication date

• April 2006

publisher

• Institute for Operations Research and the Management Sciences (INFORMS)  Publisher

published in

• Operations Research  Journal

keywords

• Applications
• Integer
• Inventory/production
• Marketing/pricing
• Planning
• Policies
• Production/scheduling
• Programming

Digital Object Identifier (DOI)

• 10.1287/opre.1050.0255

start page

• 394

end page

• 401

volume

• 54

issue

• 2

URL

• http://dx.doi.org/10.1287/opre.1050.0255