Showing 1 - 10 of 13
This paper studies the impact of strategic customer behavior on supply chain performance. We start with a newsvendor seller facing forward-looking customers. The seller initially charges a regular price but may salvage the leftover inventory at a lower salvage price after random demand is...
Persistent link: https://www.econbiz.de/10009214000
This paper studies a queuing model in which a buyer sources a good or service from a single supplier chosen from a pool of suppliers. The buyer seeks to minimize the sum of her procurement and operating costs, the latter of which depends on the supplier's lead time. The selected supplier can...
Persistent link: https://www.econbiz.de/10009214721
In this paper we analyze the impact of supply-side externalities existing among downstream retailers on supply chain performance. Namely, multiple retail firms face stochastic demand, purchase the product from the upstream wholesaler, and make stocking decisions that affect all other retailers...
Persistent link: https://www.econbiz.de/10009218572
This paper studies the impact of supply reliability on a retail firm's performance under joint marketing and inventory decisions. The firm sells a product in a single selling season and can exert marketing effort to influence consumer demand. We develop a modeling framework to quantify the value...
Persistent link: https://www.econbiz.de/10009218676
This paper studies a buyer's procurement strategies in a two-stage supply chain with price-sensitive demand. The buyer procures a product from a supplier and then sells to the marketplace. Market demand is stochastic and depends on the buyer's selling price. The supplier's production cost is...
Persistent link: https://www.econbiz.de/10009218728
This paper studies a two-echelon assembly system and explores several important issues in managing decentralized supply chains. First, we investigate the behavior of the assembly system under decentralized control. It is shown that the Nash equilibrium of the competitive assembly system exists...
Persistent link: https://www.econbiz.de/10009218759
This paper studies the preorder strategy that a seller may use to sell a perishable product in an uncertain market with heterogeneous consumers. By accepting preorders, the seller is able to obtain advance demand information for inventory planning and price discriminate the consumers. Given the...
Persistent link: https://www.econbiz.de/10010631267
Any buyer that depends on suppliers for the delivery of a service or the production of a make-to-order component should pay close attention to the suppliers' service or delivery lead times. This paper studies a queueing model in which two strategic servers choose their capacities/processing...
Persistent link: https://www.econbiz.de/10009198060
This paper studies the role of product availability in attracting consumer demand. We start with a newsvendor model, but additionally assume that stockouts are costly to consumers. The seller sets an observable price and an unobservable stocking quantity. Consumers anticipate the likelihood of...
Persistent link: https://www.econbiz.de/10009198214
Persistent link: https://www.econbiz.de/10011161916