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We study the impact of limited inventory on optimal salesforce compensation contracts. We use the framework of Oyer (2000), characterized by limited liability and rent sharing with the agent. A commonly invoked assumption in the inventory management literature is that the demand distribution...
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Distributing scarce resources such as COVID-19 vaccines is often a highly time-sensitive and mission-critical operation. On top of that, most COVID-19 vaccines require two doses to be administered three or four weeks apart. How to effectively roll out two-dose vaccines is a crucial policy...
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Manufacturing and supply networks worldwide are undergoing digital transformation under the umbrella of Smart Manufacturing and Industry 4.0. Just as companies embrace digital technologies and leverage the opportunities presented by Artificial Intelligence (AI) forming digital supply networks,...
Persistent link: https://www.econbiz.de/10013214687
Although influenza vaccine shortage is often attributed to low supply, it has been observed that even with abundant supply, a major shortage can still occur due to late delivery. In this paper, motivated by the influenza vaccine industry, we study a supply chain contracting problem in the...
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