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When a make-to-order manufacturing company adopts a commit-to-delivery business mode, it commits a delivery due date for an order and is responsible for the shipping cost. Without loss of generality, we consider that transportation is done by a third-party logistics company, such as FedEx or...
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Advance selling through pre-orders is a strategy to transfer inventory risk from a retailer to consumers. A newsvendor retailer can have three strategies to choose from: no advance selling allowed (NAS), moderate advance selling with a moderate discount for pre-orders (MAS), and deep advance...
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Blind boxes (also called mystery boxes, gift boxes, or opaque boxes) are relatively recent concepts by retailers such as Birchbox and Stichfix. The distinguishing feature of a blind box is that its content remains uncertain until the customer purchases the box and opens it. This paper examines a...
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