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This paper considers an N period production planning problem in which a sequence of known demands d<sub>1</sub>, d<sub>2</sub>,..., d<sub>N</sub> must be satisfied. The cost of production in period t consists of a setup cost K<sub>t</sub> plus a marginal cost per unit c<sub>t</sub>. The cost of carrying a unit of inventory into period t is h<sub>t - 1</sub>....
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This paper demonstrates that mall store contracts are written to internalize externalities through both an efficient allocation and pricing of space, and an efficient allocation of incentives across stores. Certain stores generate externalities by drawing customers to other stores, whereas many...
Persistent link: https://www.econbiz.de/10005557118
This Paper demonstrates that mall store contracts are written to internalize externalities through both an efficient allocation and pricing of space and an efficient allocation of incentives across stores. Certain stores generate externalities by drawing customers to other stores, while many...
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