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We are interested in the concept of dynamic pricing of production capacity in a supply chain and in particular, understanding how the supply chain structure might affect the volatility of capacity prices. We find that supply chains with high capacity costs will experience high price volatility....
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We study joint replenishment and clearance policy for a perishable product with a general, finite lifetime using a periodic review model over a finite horizon such that the inventory is sold in a last-in, first-out (LIFO) manner. Further, the demand for inventory may depend on its age since...
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