Research on Dynamic Pricing and Ordering Policy of Fresh Agriculture Product Considering Consumers’ Perceived Quality
Authors
K. Nie, D.F Xie, W. Li
Corresponding Author
K. Nie
Available Online June 2015.
- DOI
- 10.2991/cisia-15.2015.130How to use a DOI?
- Keywords
- fresh agriculture product; consumers’ perceived quality; price discount; ordering quantity
- Abstract
In this article, we first formulated the demand function of price and quality. Then we analyzed the order quantity and the pricing decision under the single price markdown condition and the multiple price markdown condition respectively. We find that under the single price markdown condition and the multiple price markdown condition, the fresh agricultural products with different consumers’ perceived quality elasticity should make the different optimal ordering quantity and optimal pricing decision.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - K. Nie AU - D.F Xie AU - W. Li PY - 2015/06 DA - 2015/06 TI - Research on Dynamic Pricing and Ordering Policy of Fresh Agriculture Product Considering Consumers’ Perceived Quality BT - Proceedings of the International Conference on Computer Information Systems and Industrial Applications PB - Atlantis Press SP - 476 EP - 478 SN - 2352-538X UR - https://doi.org/10.2991/cisia-15.2015.130 DO - 10.2991/cisia-15.2015.130 ID - Nie2015/06 ER -