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We investigate the operational decisions and resulting profits for a supply chain facing price-dependent demand under a policy where there is an ex-ante commitment made on the retail price markup. We obtain closed-form solutions for this policy under the assumption of a multiplicative demand...
Persistent link: https://www.econbiz.de/10005152072
This paper examines the use of price-commitment policies in dynamic contracting in multiple-period, finite-time horizons. Two specific forms of price commitment are considered: one on the part of the retailer through a retail-fixed-markup contract and one on the part of the manufacturer through...
Persistent link: https://www.econbiz.de/10010597590