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Problem definition: We investigate the joint advertising-mode-choice, time-allocation, and pricing policies for different types of wanghongs under short-video time constraint. Wanghong is the Chinese term for an internet celebrity or a social influencer who produces and uploads short videos to...
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We study a coordination contract for a supplier-retailer channel producing and selling a fashionable product exhibiting a stochastic price-dependent demand. The product's selling season is short, and the supply chain faces great demand uncertainty. We consider a scenario where the supplier...
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Cooperative advertising is a key incentive offered by a manufacturer to influence retailers’ promotional decisions. We study cooperative advertising in a dynamic retail oligopoly where a manufacturer sells his product through N competing retailers. We model the problem as a Stackelberg...
Persistent link: https://www.econbiz.de/10010600823
We solve an agent's optimization problem of meeting demands for cash over time with cash deposited in bank or invested in stock. The stock pays dividends and uncertain capital gains, and a commission is incurred in buying and selling of stock. We use a stochastic maximum principle to obtain...
Persistent link: https://www.econbiz.de/10008567676
This paper develops efficient forward algorithms and planning horizon results for several machine replacement models under an improving technological environment over time. The models are that of cost minimization, profit maximization, and cost minimization with probabilistic breakdowns. The...
Persistent link: https://www.econbiz.de/10009191995
A study of water resources development in South Sweden revealed that water consumption unexpectedly stopped growing after construction had begun on a large project to expand water supplies. The project had a long lead time for completion, and planning had been based on traditional deterministic...
Persistent link: https://www.econbiz.de/10009197742
The quick response (QR) supply chain system has received a great deal of attention in the recent past because of the advances in many new technologies such as RFID systems and mobile computing. Establishment of supply chain practices, such as collaborative planning, forecasting, and...
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