Joint determination of the optimal selling price, refund policy and quality level for complementary products in online purchasing

2018 ◽  
Vol 12 (3) ◽  
pp. 332 ◽  
Author(s):  
Ata Allah Taleizadeh ◽  
Shima Rezvan Beydokhti ◽  
Leopoldo Eduardo Cárdenas Barrón
Keyword(s):  
Quality Level ◽  
Selling Price ◽  
Complementary Products ◽  
Joint Determination

scholarly journals An Inventory Model with Price and Quality Dependent Demand Where Some Items Produced Are Defective

2013 ◽  
Vol 2013 ◽  
pp. 1-8 ◽  
Author(s):  
Tapan Kumar Datta
Keyword(s):  
Quality Index ◽  
Unit Price ◽  
Model Parameters ◽  
Selling Price ◽  
Defective Items ◽  
Joint Determination ◽  
Demand Rate ◽  
Dependent Demand

This paper analyzes an inventory system for joint determination of product quality and selling price where a fraction of items produced are defective. It is assumed that only a fraction of defective items can be repaired/reworked. The demand rate depends upon both the quality and the selling price of the product. The production rate, unit price, and carrying cost depend upon the quality of the items produced. Quality index is used to determine the quality of the product. An algorithm is provided to solve the model with given values of model parameters. Sensitivity analysis has also been performed.

scholarly journals Pricing of Complementary Products in Online Purchasing under Return Policy

2021 ◽  
Vol 16 (5) ◽  
pp. 1718-1739
Author(s):  
Ata Allah Taleizadeh ◽  
Shima Rezvan Beydokhti ◽  
Leopoldo Eduardo Cárdenas-Barrón ◽  
Somayeh Najafi-Ghobadi
Keyword(s):  
Demand Elasticity ◽  
Quality Level ◽  
Selling Price ◽  
Complementary Products ◽  
Quality Cost ◽  
Return Policy ◽  
Perform Sensitivity Analysis ◽  
Quality Of Products ◽  
The Cost

In online purchasing, customers may return products due to dissatisfaction with the quality of the product, and receive a refund based on the return policy, which is determined by online distributors. Online distributors can offer generous policies to attract more customers, but at the cost of reducing total profits. In this paper, the effect of the pricing and quality of complementary products (products sold together with other items) in online selling under the return policy is investigated. For this purpose, a mathematical model is developed to obtain optimal values for selling price, refund amount, and quality of products. Based on analytical results, a solution algorithm is proposed to solve the numerical examples and perform sensitivity analysis. Findings reveal that, while increasing the sensitivity of demand with respect to the refund amount, the price, quality, and refund on returned products should be increased. In addition, the online distributor should increase the quality of products when customers are more sensitive to the quality of products. Among other results, the selling price is shown to be negatively affected by demand elasticity with respect to price. In this situation, the online distributor should reduce the quality level and the refund amount for returned products to avoid a sharp decline in profit. In addition, when the quality cost is high, the price and quality should be decreased and the refund amount unchanged.

On the joint determination of biological and economic systems

2002 ◽  
Vol 42 (1-2) ◽  
pp. 301-311 ◽  
Author(s):  
Chad Settle ◽  
Thomas D. Crocker ◽  
Jason F. Shogren
Keyword(s):  
Economic Systems ◽  
Joint Determination

scholarly journals DAMPAK PENGGUNAAN KERAMBA JARING APUNG PADA PEMBUDIDAYA IKAN KERAPU BERDASARKAN PERSPEKTIF SOSIAL EKONOMI

Jurnal KIRANA ◽  
2020 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Lenny Widjayanthi ◽  
Yeni Anggun Widayanti
Keyword(s):  
High Risk ◽  
Social Impact ◽  
Economic Impacts ◽  
Research Area ◽  
Selling Price ◽  
Analysis Method ◽  
Depth Interview ◽  
The Social ◽  
Net Cages

Grouper fish is a type of reef fish that is exported as a commodity to various countries such as Hong Kong, Japan, Singapore and China. Grouper fish can be cultivated using floating net cages and have a high selling price (high profit) but also have a high risk (high risk), thus affecting the market and the number of grouper aquaculture. The purpose of this research is to determine the socioeconomic impact of the use of floating net on grouper farmers. The determination of the research area was carried out deliberately in Situbondo Regency. The study was conducted with a qualitative approach. Data collection is done by observation and depth interview. The informants of the research were determined intentionally, namely grouper fish farmers who do aquaculture with floating net cages. The data analysis method uses Milles and Huberman. The results showed that the use of floating nets for grouper culture had social and economic impacts. The social impact on grouper farmers is the formation of grouper farmers, thus creating a social network in the form of interaction between farmers; construction of supporting facilities for the development of aquaculture businesses but also raises social prejudices between farmers because of frequent theft of fish in floating nets. While the economic impact is based on increasing grouper production which has a direct impact on the income of grouper farmers. Keywords : Floating net, grouper fish farmers, socio-economic impacts

scholarly journals Analisa Harga Pokok Penjualan dalam Menentukan Laba pada Rumah Makan Putri Solo “Takana Jo Kampuang” Muara Bulian

2021 ◽  
Vol 21 (1) ◽  
pp. 163
Author(s):  
Muryati Muryati ◽  
Joko Susilo
Keyword(s):  
Production Capacity ◽  
Selling Price ◽  
Financial Condition ◽  
The Cost ◽  
Descriptive Method

This study aims to analyze the calculation of the cost of sales as the basis for determining the selling price of the product in determining profit in one period at The Putri Solo Restaurant "Takana Jo Kampuang" Muara Bulian. The method used is descriptive method by using qualitative attachment can also use research to calculate the cost of sales and collect costs that have been spent for the food business. For Return of Business Capital RM with the resulting production capacity. Research shows that Putri Solo Restaurant "Takana Jo Kampuang" Muara Bulian is experiencing stable financial condition and can even achieve maximum results. The cost that has been spent is used as an element of calculation of the formation of the cost of goods sold and the determination of the selling price as the basis in determining the profit of the business. The head of Putri Solo Restaurant "Takana Jo Kampuang" Muara Bulian should maintain and improve their business as best as possible and innovate if they want to keep their business as a developed restaurant.

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