{"id":"https://openalex.org/W1968473184","doi":"https://doi.org/10.4018/jisscm.2009062905","title":"Optimal Pricing Strategies for an Inventory System with Perishable Items and Waiting Time Dependent Order Cancellations","display_name":"Optimal Pricing Strategies for an Inventory System with Perishable Items and Waiting Time Dependent Order Cancellations","publication_year":2009,"publication_date":"2009-10-01","ids":{"openalex":"https://openalex.org/W1968473184","doi":"https://doi.org/10.4018/jisscm.2009062905","mag":"1968473184"},"language":"en","primary_location":{"id":"doi:10.4018/jisscm.2009062905","is_oa":false,"landing_page_url":"https://doi.org/10.4018/jisscm.2009062905","pdf_url":null,"source":{"id":"https://openalex.org/S62270215","display_name":"International Journal of Information Systems and Supply Chain Management","issn_l":"1935-5726","issn":["1935-5726","1935-5734"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320424","host_organization_name":"IGI Global","host_organization_lineage":["https://openalex.org/P4310320424"],"host_organization_lineage_names":["IGI Global"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Systems and Supply Chain Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5012429027","display_name":"A. Thangam","orcid":null},"institutions":[{"id":"https://openalex.org/I880551032","display_name":"Gandhigram Rural Institute","ror":"https://ror.org/01abtgj51","country_code":"IN","type":"education","lineage":["https://openalex.org/I880551032"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"A. Thangam","raw_affiliation_strings":["Gandhigram Rural University, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gandhigram Rural University, India","institution_ids":["https://openalex.org/I880551032"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5113556651","display_name":"R. Uthayakumar","orcid":null},"institutions":[{"id":"https://openalex.org/I880551032","display_name":"Gandhigram Rural Institute","ror":"https://ror.org/01abtgj51","country_code":"IN","type":"education","lineage":["https://openalex.org/I880551032"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"R. Uthayakumar","raw_affiliation_strings":["Gandhigram Rural University, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gandhigram Rural University, India","institution_ids":["https://openalex.org/I880551032"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I880551032"],"apc_list":null,"apc_paid":null,"fwci":0.4792,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.71156244,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"2","issue":"4","first_page":"80","last_page":"95"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.9771000146865845,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10551","display_name":"Scheduling and Optimization Algorithms","score":0.9609000086784363,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/economic-order-quantity","display_name":"Economic order quantity","score":0.7435247898101807},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.7191725969314575},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.6362769603729248},{"id":"https://openalex.org/keywords/lost-sales","display_name":"Lost sales","score":0.5673032402992249},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.5537768006324768},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.49624091386795044},{"id":"https://openalex.org/keywords/clothing","display_name":"Clothing","score":0.4585736393928528},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4409683048725128},{"id":"https://openalex.org/keywords/inventory-management","display_name":"Inventory management","score":0.42168742418289185},{"id":"https://openalex.org/keywords/operations-management","display_name":"Operations management","score":0.36785221099853516},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.344319224357605},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3320358097553253},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.30052903294563293},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2210303544998169},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.20980989933013916},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.09583377838134766}],"concepts":[{"id":"https://openalex.org/C1199943","wikidata":"https://www.wikidata.org/wiki/Q451299","display_name":"Economic order quantity","level":3,"score":0.7435247898101807},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.7191725969314575},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.6362769603729248},{"id":"https://openalex.org/C2781161759","wikidata":"https://www.wikidata.org/wiki/Q24451192","display_name":"Lost sales","level":2,"score":0.5673032402992249},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.5537768006324768},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.49624091386795044},{"id":"https://openalex.org/C530175646","wikidata":"https://www.wikidata.org/wiki/Q11460","display_name":"Clothing","level":2,"score":0.4585736393928528},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4409683048725128},{"id":"https://openalex.org/C3018434026","wikidata":"https://www.wikidata.org/wiki/Q3761396","display_name":"Inventory management","level":2,"score":0.42168742418289185},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.36785221099853516},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.344319224357605},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3320358097553253},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.30052903294563293},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2210303544998169},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.20980989933013916},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09583377838134766},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.4018/jisscm.2009062905","is_oa":false,"landing_page_url":"https://doi.org/10.4018/jisscm.2009062905","pdf_url":null,"source":{"id":"https://openalex.org/S62270215","display_name":"International Journal of Information Systems and Supply Chain Management","issn_l":"1935-5726","issn":["1935-5726","1935-5734"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320424","host_organization_name":"IGI Global","host_organization_lineage":["https://openalex.org/P4310320424"],"host_organization_lineage_names":["IGI Global"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Systems and Supply Chain Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:igg:jisscm:v:2:y:2009:i:4:p:80-95","is_oa":false,"landing_page_url":"https://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/jisscm.2009062905","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":25,"referenced_works":["https://openalex.org/W1965298354","https://openalex.org/W1973363857","https://openalex.org/W1981999169","https://openalex.org/W1984488630","https://openalex.org/W1985590857","https://openalex.org/W2005220128","https://openalex.org/W2028190725","https://openalex.org/W2031269279","https://openalex.org/W2038353573","https://openalex.org/W2047375476","https://openalex.org/W2054382901","https://openalex.org/W2056027022","https://openalex.org/W2057355213","https://openalex.org/W2059289668","https://openalex.org/W2060391415","https://openalex.org/W2063808949","https://openalex.org/W2065831976","https://openalex.org/W2084067126","https://openalex.org/W2096188076","https://openalex.org/W2102953461","https://openalex.org/W2140357472","https://openalex.org/W2154364806","https://openalex.org/W2156193411","https://openalex.org/W2315672722","https://openalex.org/W2326567061"],"related_works":["https://openalex.org/W2931951032","https://openalex.org/W1966995597","https://openalex.org/W3204619212","https://openalex.org/W4389463883","https://openalex.org/W4390017227","https://openalex.org/W56222788","https://openalex.org/W4283772143","https://openalex.org/W2129628770","https://openalex.org/W107698709","https://openalex.org/W44191208"],"abstract_inverted_index":{"Although":[0],"many":[1],"researchers":[2],"have":[3,20],"studied":[4],"inventory":[5,53],"models":[6],"for":[7,137],"perishable":[8],"items,":[9],"the":[10,36,79,83,91,102,107,110,132],"situation":[11],"of":[12,33,38,82,109,134],"advance":[13,63],"sales,":[14],"spot":[15,68],"sales":[16,37,57,64,69],"and":[17,43,66,95,116,139],"order":[18,73,93,99],"cancellations":[19],"not":[21],"been":[22],"addressed":[23],"so":[24],"far.":[25],"However,":[26],"this":[27,47],"problem":[28],"arises":[29],"in":[30,55,98],"a":[31,67,121],"variety":[32],"industries":[34],"including":[35],"fashion":[39],"garments,":[40],"flight":[41],"seats":[42],"hotel":[44],"rooms.":[45],"In":[46],"article,":[48],"we":[49,119,130],"deal":[50],"with":[51],"an":[52,62],"system":[54],"which":[56,76,124],"cycle":[58],"is":[59,88],"divided":[60],"into":[61],"period":[65],"period.":[70],"We":[71,104],"consider":[72],"cancellation":[74],"effect":[75],"depends":[77],"on":[78],"waiting":[80],"time":[81],"customer":[84],"orders.":[85],"The":[86],"goal":[87],"to":[89,100],"determine":[90],"optimal":[92,96,126],"quantity":[94],"prices":[97],"maximize":[101],"profit.":[103],"also":[105],"show":[106],"concavity":[108],"profit":[111],"function":[112],"using":[113],"mathematical":[114],"lemmas":[115],"theorem.":[117],"Besides":[118],"develop":[120],"solution":[122],"procedure":[123],"computes":[125],"policy":[127],"effectively.":[128],"Finally":[129],"present":[131],"results":[133],"numerical":[135],"study":[136],"linear":[138],"exponential":[140],"demand":[141],"functions.":[142]},"counts_by_year":[{"year":2020,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-06-11T06:19:23.411458","created_date":"2025-10-10T00:00:00"}
