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In this paper, we study inventory pooling coalitions within a decentralized distribution system consisting of a manufacturer, a warehouse (or an integration center), and n retailers. At the time their orders are placed, the retailers know their demand distribution but do not know the exact value...
Persistent link: https://www.econbiz.de/10011052632
We study a repeated newsvendor game with transshipments. In every period n retailers face a stochastic demand for an identical product and independently place their inventory orders before demand realization. After observing the actual demand, each retailer decides how much of her leftover...
Persistent link: https://www.econbiz.de/10008551207
This paper analyzes a special type of technology evolution, referred to in the literature as disruptive technology vs. sustaining technology. In general, "old" products based on sustaining technology are perceived to be superior to the "new" ones based on disruptive technology. However, the...
Persistent link: https://www.econbiz.de/10008865115