The revenue-maximizing price under logit demand is given by a closed-form expression involving the Lambert W function and is lower than the inflection-point price.
An Inventory Model for Perishable Items with Price‐, Stock‐, and Time‐Dependent Demand Rate considering Shelf‐Life and Nonlinear Holding Costs
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An exact pricing algorithm for revenue maximization under the logit demand function
The revenue-maximizing price under logit demand is given by a closed-form expression involving the Lambert W function and is lower than the inflection-point price.