This paper presents a continuous time optimization model for a dynamic pricing and inventory control problem in a dual-channel supply chain system. We consider a manufacturer's redesign of traditional channel structures, based on customer behaviors, by engaging in direct Internet sales. While...

This dissertation aims at modelling uncertainty and deriving managerial implications in different areas. Due to uncertainty and limited information, a firm may encounter difficulties in decision making and sometimes make wrong decision. For this reason, I provide models to incorporate...