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test standard decision theoretic predictions concerning purchasing behavior in a rebate and a discount scheme. We … switching to a linear pricing scheme is optimal. Our results indicate that rebate and discount schemes exert a significant …
Persistent link: https://www.econbiz.de/10010264816
Reconciliation Act of 1990 included a rebate program that featured a most favored customer (MFC) clause. This clause guarantees that … Medicaid gets a fixed rebate on each unit of purchase by Medicaid consumers. The rebate is calculated as the difference between … discriminating monopolist in response to the imposition of MPP or APP rules. Under MPP, the minimum price gross of rebate always …
Persistent link: https://www.econbiz.de/10010332132
In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing...
Persistent link: https://www.econbiz.de/10010317861
In this paper we first show that the gains achievable by integrating pricing and inventory control are usually small for classical demand functions. We then introduce reference price models and demonstrate that for this class of demand functions the benefits of integration with inventory control...
Persistent link: https://www.econbiz.de/10010421327
We consider an economic order quantity model where the supplier offers an all-units quantity discount and a price sensitive customer demand. We compare a decentralized decision framework where selling price and replenishment policy are determined independently to simultaneous decision making....
Persistent link: https://www.econbiz.de/10010421328
Retailers may enjoy stable cartel rents in their output market through the formation of a buyer group in their input market. A buyer group allows retailers to credibly commit to increased input prices, which serve to reduce combined final output to the monopoly level; increased input costs are...
Persistent link: https://www.econbiz.de/10010318751
The demand for perishable food products is often influenced by the selling price and the age of the items. This is because perishable food products have become commodities from consumers' point of view, hence, there are very little differences between competing brands. Consequently, factors like...
Persistent link: https://www.econbiz.de/10012662814
The aim of this paper was to analyze the maize crop at the country and the Cæalæaraðsi county level and in the two companies submitted to the case study. This analysis highlighted the importance of themaize crop, crop that is being cultivated on large areas of the country and county, and that...
Persistent link: https://www.econbiz.de/10011288293
Real estate contracts often contain a wide variety of contingency clauses. These third-party approvals are often outside the seller's control and can lengthen the-time-on-the-market (TOM) and reduce the surety of close. To compensate for these undesirable attributes, buyers typically offer...
Persistent link: https://www.econbiz.de/10013427733
This paper presents a new stage-of-fabrication inventory model with ordering usage and stocking of input materials that distinguishes between gross production and value added It extends the traditional linear-quadratic model of output (finished goods) inventories by adding joint determination of...
Persistent link: https://www.econbiz.de/10010293497