Optimal ordering decision in multi-products competition environment
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    Abstract:

    In a multi-product competition market,the retailers of products at first must know the state and the market shares of the products in the markets,then decide the quantities of product through analysis the market and the revenue to gain the maximum profits.It is the fundamental problem in the market inventory management that how to gain the optimal order quantity.In this paper,through introducing the concepts of product characterization description and customer general cost,we give a method of market share a...

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