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growth. In seeking to minimize supply-demand mismatch costs and satisfy borrowing constraints, management adopted a …’s systematic bias across selling seasons, and on two alternative product segmentation approaches. Demand distributions forecast …% after implementation of the new technique. Another benefit was the reduced financing risk of outsourcing production of its …
Persistent link: https://www.econbiz.de/10014127366
To analyze consumers' purchase behavior and a firm's subsidy decision and profit under a trade-in program with a limited promotion period, this work builds a baseline model assuming that consumers are myopic, followed by a two-stage model for strategic consumers as an extension. Finally, this...
Persistent link: https://www.econbiz.de/10012955987
and offline channels or two physical locations, into a single virtual stock from which any consumer demand may be … matching of supply and demand, is always positive; however, the behavioral value, which results from the way integration … show that negative behavioral value of integration is most likely to occur when demand variability is high, the underlying …
Persistent link: https://www.econbiz.de/10012855124
Working within the framework of a finite population, dynamic inventory optimization model where future demand is … new customers, and, thus, increase expected future demand. In contrast, backorders, with some probability, and lost sales … result a lower market share and a fall in expected future demand. If the firm is unable to maintain its presence in the …
Persistent link: https://www.econbiz.de/10013080566
We consider a market consisting of two populations, termed rich and poor for convenience. If a product is priced such that it is very expensive for the poor, but affordable to the rich, it becomes a status symbol for the poor and this makes it more desirable for the poor. At a lower price the...
Persistent link: https://www.econbiz.de/10012832876
We study the problem of scheduling a chain-reentrant shop, in which each job goes for its processing first to a machine called the primary machine, then to a number of other machines in a fixed sequence, and finally back to the primary machine for its last operation. The problem is to schedule...
Persistent link: https://www.econbiz.de/10014218590
The extremely high costs associated with the commercial failure of a new product, stresses the importance of a model that will effectively forecast the market penetration of a product at the design stage. The purpose of our study is to discover heuristics that will better explain market share,...
Persistent link: https://www.econbiz.de/10014045247
demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumer’s degree of loss … aversion and if there is enough variation in the consumer’s demand. Moreover, if consumers differ with respect to the degree of …-Rate Tariffs ; Nonlinear Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10003987825
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