Joint Pricing and Purchasing Decisions for the Dual-Channel Newsvendor Model with Partial Information

<table>Impact of <svg height="9.60567pt" id="M158" style="vertical-align:-3.53608pt" version="1.1" viewbox="0 -6.06959 7.30248 9.60567" width="7.30248pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.0135,0,0,-0.0135,0,0)"><path d="M516 277C516 378 460 448 376 448C335 448 288 434 240 401C158 345 127 277 107 159C53 -161 38 -221 23 -247L28 -261C43 -260 95 -250 114 -226C122 -216 129 -199 146 -75C152 -29 157 0 164 31C182 9 206 -12 237 -12C267 -12 325 8 376 46C451 102 516 179 516 277ZM432 259C432 134 366 40 259 40C236 40 204 48 171 76L195 203C219 327 253 400 326 400C398 400 432 336 432 259Z" id="g113-239"></path><glyph.data ascent="3473" descent="-2876" horiz-adv-x="539" vert-adv-y="539"></glyph.data></g></svg> on the optimal internet price and traditional retail price.</table>

Journal of Applied Mathematics

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Figure 1

Figure 1: Joint Pricing and Purchasing Decisions for the Dual-Channel Newsvendor Model with Partial Information 