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 economic order quantity model with a known price increase and partial backordering
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
math.OC 1years
2025 1verdicts
CONDITIONAL 1representative citing papers
citing papers explorer
-
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.