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We consider a single-period distribution system with one supplier and two retailers. The supplier may have infinite or finite capacity. The demand at each retailer is random. When a stockout occurs at one retailer the customer may go to the other retailer. We study both the decentralized and...
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This study considers pricing policies in a supply chain with one manufacturer, who sells a product to an independent retailer and directly to consumers through an Internet channel. In addition to the manufacturer’s product, the retailer sells a substitute product produced by another...
Persistent link: https://www.econbiz.de/10010588342
It is co-NP-complete to decide whether a given matrix is copositive or not. In this paper, this decision problem is transformed into a quadratic programming problem, which can be approximated by solving a sequence of linear conic programming problems defined on the dual cone of the cone of...
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The advancement of Internet technology has enabled new formats for selling products in the B2C online auctions. At present, on the major online auction sites, there exist three popular selling formats, namely, the posted price, pure auction and buy-price auction formats. It is an important...
Persistent link: https://www.econbiz.de/10011052434
This paper provides a canonical dual approach for minimizing a general quadratic function over a set of linear constraints. We first perturb the feasible domain by a quadratic constraint, and then solve a “restricted” canonical dual program of the perturbed problem at each iteration to...
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