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In this work, we address the problem of simultaneously determining a pricing and inventory replenishment strategy under reference price effects. This reference price effect models the fact that consumers not only react sensitively to the current price, but also to deviations from a reference price formed on the basis of past purchases. Immediate effects of price reductions on profits have to be weighted against the resulting losses in future periods. By providing an analytical analysis and numerical simulations we study how the additional dynamics of the consumers’ willingness to pay affect an optimal pricing and inventory control model and whether a simple policy such as a base-stock-list-price policy holds in such a setting.
Production & quality control management --- Purchasing & supply management --- Analytical Analysis --- Control --- Dynamic Programming --- Effects --- Gimpl --- Heersink --- Integrated Pricing and Inventory Models --- Inventory --- Joint --- Price --- Pricing --- Reference --- Stochastic Demand Models --- under --- Management. --- Production standards. --- Purchasing --- Output standards --- Standards of output --- Time production standards --- Work standards --- Industrial management --- Labor productivity --- Standardization --- Administration --- Industrial relations --- Organization
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Focusing on one landmark catastrophic event in the history of an emerging modern nation--the Great Kantō Earthquake that devastated Tokyo and surrounding areas in 1923--this fascinating volume examines the history of the visual production of the disaster. The Kantō earthquake triggered cultural responses that ran the gamut from voyeuristic and macabre thrill to the romantic sublime, media spectacle to sacred space, mournful commemoration to emancipatory euphoria, and national solidarity to racist vigilantism and sociopolitical critique. Looking at photography, cinema, painting, postcards, sketching, urban planning, and even scientific visualizations, Weisenfeld argues that that visual culture has powerfully mediated the evolving historical understanding of this major national disaster, ultimately enfolding mourning and memory into modernization [Publisher description].
Arts, Japanese --- Kanto Earthquake, Japan, 1923. --- Earthquakes in art. --- Arts and society --- Earthquakes --- Quakes (Earthquakes) --- Earth movements --- Natural disasters --- Seismology --- Arts --- Arts and sociology --- Society and the arts --- Sociology and the arts --- Great Kanto Earthquake, Japan, 1923 --- Great Tokyo Earthquake, Japan, 1923 --- Tokyo Earthquake, Japan, 1923 --- Japanese arts --- Themes, motives. --- History --- Social aspects --- Kanto Earthquake, Japan, 1923 --- Earthquakes in art --- J3375 --- J3410 --- Themes, motives --- Japan: History -- Kindai, modern -- Taishō period (1912-1926) --- Japan: Geography and local history -- Kantō region, greater Tōkyō --- Kanto Earthquake (Japan : 1923) --- analytical analysis. --- asian history. --- books about japan. --- books about the environment. --- books for history lovers. --- catastrophe planning. --- catastrophic event. --- culture in tokyo. --- earthquakes. --- easy to read. --- engaging. --- environmental ecology. --- environmental history. --- great kanto earthquake. --- interesting books. --- japanese culture. --- japanese history. --- japanese nationalism. --- major historical events. --- mother nature. --- national disaster. --- natural disasters. --- nature and politics. --- page turner. --- politics and disaster. --- sociopolitical critique.
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