optimal inventory-trading policy of a risk-neutral merchant is characterized by two stage and spot-price dependent basestock … targets. Under some assumptions, these targets are monotone in the spot price and partition the available inventory and spot … prices in general depends on the merchant's inventory availability. This is a consequence of the interplay between the …

This paper examines an integrated decision-making process regarding pricing for uncertain demand and sourcing from … and only if the inventory level is below the reorder point. When this happens, the optimal order and price are coordinated … profit improvement obtained from deploying dynamic pricing, as opposed to static pricing. Our results indicate that either …

This paper considers a firm's price and inventory policy when it faces uncertain demand that depends on both price and … inventory level. The authors extend the classic newsvendor model by assuming that expected utility maximizing consumers choose … more customers, and earns higher profits when it internalizes the effect of its inventory on demand. Second, the authors …

We consider a supply chain in which two suppliers compete for supply to a customer. Pricing and delivery … customer because she can lower her inventory with deliveries from more suppliers. In general, higher delivery frequencies lower …

firms make three decisions: capacity investment, production (inventory) quantity, and price. Typically, investments are made … and production (inventory) decisions relatively insensitive to uncertainty. This suggests that managers can make optimal …-post pricing before production postponement reengineering. While more postponement increases firm value, it is counterintuitive …

operational measures. We model a manufacturing firm that can purchase BI insurance, invest in inventory, and avail of emergency … optimal insurance deductible and coverage limit as well as the optimal inventory level. We prove that insurance and …, insurance can increase the marginal value of inventory and can increase the overall value of emergency sourcing. We also find …

This paper presents a model that incorporates variations in the demand rate at random time points into the inventory …-hand inventory, ordering rate, and the expected total cost rate for a given ordering policy. A sensitivity analysis is conducted, and …

A well-known result in inventory theory is that physical centralization of stocks in a system with multiple retailers … the performance of the two systems under optimal pricing/subsidy mechanisms and show that often a manufacturer is better …

This paper deals with the analysis of two-location periodic review inventory systems with non-negligible replenishment …