Research Article
Optimal Ordering Strategy for Goods at Multiple Retail Prices under Simultaneous Sales
(a) Expected profit without order quantity constraint when demand standard deviation increases |
| | Expected profit of | Expected profit of | Expected profit of | Expected profit of | Expected profit of |
| 1 | 7684.66 | 7240.92 | 6797.16 | 6352.40 | 5903.54 | 2 | 12399.92 | 11837.93 | 11275.94 | 10713.89 | 10150.72 | 3 | 13574.96 | 12843.67 | 12112.37 | 11380.56 | 10644.38 |
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(b) Expected profit with order quantity constraint when demand standard deviation increases |
| | Expected profit of | Expected profit of | Expected profit of | Expected profit of | Expected profit of |
| 1 | 7384.45 | 6640.51 | 5896.53 | 5168.73 | 5083.21 | 2 | 12394.99 | 11695.56 | 10938.99 | 10167.57 | 9388.90 | 3 | 11634.22 | 10956.92 | 10078.31 | 9137.94 | 8170.12 |
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