Concepedia

Price Markdown Optimization

Price Markdown Optimization is a prescriptive analytics framework within revenue management that specifically determines the optimal timing, depth, and structure of price reductions to maximize clearance revenue while minimizing profit erosion.

7

Publications

788

Citations

24

Authors

13

Institutions

Publications per year

2017–2026

2

Parents

Publications

7

Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers

Gérard P. Cachon, Robert Swinney · Management Science · 2008 · 639 citations · Full text

, , +17

The Value of Commitments When Selling to Strategic Consumers: A Supply Chain Perspective

Mustafa Kabul, Ali K. Parlaktürk · Management Science · 2019 · 66 citations

, , +10

Price markdown scheme in a multi-echelon supply chain in a high-tech industry

Wenming Chung, Srinivas Talluri, Ram Narasimhan · European Journal of Operational Research · 2011 · 25 citations

, , +16

Alibaba Realizes Millions in Cost Savings Through Integrated Demand Forecasting, Inventory Management, Price Optimization, and Product Recommendations

Yuming Deng, Xinhui Zhang, Tong Wang et al. · INFORMS Journal on Applied Analytics · 2023 · 24 citations

, , +17

Stackelberg game for two-level supply chain with price markdown option

Nita H. Shah, I Gede Agus Widyadana, Hui‐Ming Wee · International Journal of Computer Mathematics · 2013 · 12 citations · Full text

, , +13

1–5 of 7

Authors

24

  1. NH
    Nita H. Shah

    Gujarat University, India

    1 publications · 12 citations

    1

    h-index

  2. XP
    Xuezheng Peng

    Alibaba Group (China), China

    1 publications · 24 citations

    1

    h-index

  3. HW
    Hui‐Ming Wee

    Chung Yuan Christian University, Taiwan

    1 publications · 12 citations

    1

    h-index

  4. RN
    Ram Narasimhan

    Michigan State University, United States

    1 publications · 25 citations

    1

    h-index

  5. WC
    Wenming Chung

    Michigan State University, United States

    1 publications · 25 citations

    1

    h-index

1–5 of 24

Institutions

13

  1. Michigan State University

    East Lansing, United States

    1 h-index

    2 publications

    50 citations

  2. IBM Research - India

    New Delhi, India

    1 h-index

    3 publications

    33 citations

  3. University of North Carolina at Chapel Hill

    Chapel Hill, United States

    1 h-index

    1 publications

    66 citations

  4. Stanford University

    Stanford, United States

    1 h-index

    1 publications

    639 citations

  5. Alibaba Group (China)

    Hangzhou, China

    1 h-index

    10 publications

    240 citations

  6. Gujarat University

    Ahmedabad, India

    1 h-index

    1 publications

    12 citations

  7. Chung Yuan Christian University

    Taoyuan City, Taiwan

    1 h-index

    1 publications

    12 citations

  8. The University of Texas at El Paso

    El Paso, United States

    1 h-index

    1 publications

    25 citations

1–8 of 13

Venues

  1. Management Science

    2 publications · 705 citations

    2

    h-index

  2. Journal of Product & Brand Management

    1 publications · 11 citations

    1

    h-index

  3. INFORMS Journal on Applied Analytics

    IJAA · 1 publications · 24 citations

    1

    h-index

  4. European Journal of Operational Research

    1 publications · 25 citations

    1

    h-index

  5. International Journal of Computer Mathematics

    1 publications · 12 citations

    1

    h-index

1–5