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This paper studies distribution channel structure strategies (to centralize or decentralize) for two competing supply … chains that sell substitutable products with price and lead-time sensitive demand. We find that centralization …
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visiting cost is even lower, BOPS will induce omni-customers to migrate from online purchasing to BOPS, leading to demand … pooling at the B&M store. Such demand pooling provides two benefits for the retailer: 1) it reduces the overstocking cost …, with the latter even higher, the introduction of BOPS results in demand depooling due to the migration of the omni …
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In this study, we extend the single-period newsvendor problem with stochastic demand into a multi-period and time …-dependent one and find a solution for it. We analyze the multi-period newsvendor problem with stochastic demand in a Stackelberg …-multiplicative structure for the demand so that both its mean and variance are considered as functions of the current retail price. Moreover …
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Demand for a new product is often highly uncertain. As the developer of a new product, the manufacturer may reduce the … uncertainty of the product's demand through observing progress in his product development process or receiving demand signals … directly from customers. This paper first shows that a centralized channel always benefits from improved demand information …
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