Research on non-periodic multi-stage pricing and ordering strategy with time-varying demand

In the daily life,seasonal products attract customers through rich and colorful displays that simulate the buying desire of customers.At the same time,owing to the seasonal nature,a firm often resets its selling price in different stages to promote sales and maximize the profit.This paper considers the pricing and ordering strategy at non-periodic multi-stage with time-varying demand within a finite planning time,and develops a profit model assuming that the demand is price and stock dependent,in which the firm can reset price to spur the demand.The purpose is to maximize the profit by using the optimization to determine the optimal ordering quantity and the optimal prices.Finally some numerical examples are presented to verify the models.