This research investigates how the experience learned in repeated transactions by consumers and manufacturers would affect supply-chain partners' strategic decisions such as price, order quantity and service level. Consumer demand depends on two factors: (1) retailer price and (2) service level...

Yield management is crucial for high-tech industries to reduce over-production. However, it is very challenging for a manufacturer to make a yield decision under the circumstance of uncertain demand and stochastic product quality. For example, in semiconductor manufacturing industry, products...

We explore the issue of supply chain coordination by considering trade credit and its risk. It shows that, in a retailer–manufacturer system, the manufacturer may deliver less than the retailer׳s order quantity when the payment is delayed, and the manufacturer׳s risk aversion makes this...