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When two firms compete for service-sensitive demands based on their product availability, their actions will affect the future market share reallocation. This problem was first studied by Hall and Porteus (2000) using a dynamic game model. We extend their work by incorporating a general demand...
Persistent link: https://www.econbiz.de/10009218502
This article presents an econometric analysis for the fluctuation of the container freight rate due to the interactions between the demand for container transportation services and the container fleet capacity. The demand is derived from international trade and is assumed to be exogenous, while...
Persistent link: https://www.econbiz.de/10010605816
The manufacturing base in the Pearl River Delta of China is moving westwards, where the Pearl River system has extensive coverage. This makes container barge transport a new growth area for Hong Kong Port. Traditionally, Hong Kong Port has been the main gateway for containers transported through...
Persistent link: https://www.econbiz.de/10010605839
In the current paper, we examine the effect of a B2B spot market on the strategic behavior and the performance of a reseller who continues to use the traditional channel while participating in a B2B spot market. We analyze the case in which a risk-neutral reseller faces an additive or...
Persistent link: https://www.econbiz.de/10010871236
An important issue in the management of supply chains and manufacturing systems is to control inventory costs at different locations throughout the system while satisfying an end-customer service-level requirement. The challenge involved is to solve a nonlinear constrained optimization problem...
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