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The risk of supply disruption increases as firms seek to procure from cheaper, but unproven, suppliers. In this paper, we model a supply chain consisting of a single buyer and two suppliers, both of whom compete for the buyer's order and face risk of supply disruption. One supplier is...
Persistent link: https://www.econbiz.de/10013131977
In this paper, we study the price partitioning decisions of online retailers regarding shipping and handling (S&H) fees. Specifically, we analyze two partitioning formats used by retailers in this context. In the first scenario, retailers present customers with a price that is partitioned into a...
Persistent link: https://www.econbiz.de/10013131978
Many durable products with relatively short selling seasons have been using returns policies between manufacturers and retailers as the contractual protocol for some time. Recently, these sectors have witnessed the growing popularity of peer-to-peer Web-based used goods markets as important...
Persistent link: https://www.econbiz.de/10013075753
In this paper, we model an operating system consisting of a firm and its customers, where the mean demand rate is a function of the guaranteed delivery time offered to the customers and of market price, where price itself is determined by the length of the delivery time. Economies of scale are...
Persistent link: https://www.econbiz.de/10012778012
This paper studies a buyback contract in the Stackelberg framework of a manufacturer (leader) selling to a price-setting, newsvendor retailer (follower). Using an analytical model that focuses on a multiplicative demand form, we generalize previous results and produce new structural insights. A...
Persistent link: https://www.econbiz.de/10012778017
How should a video rental chain replenish its stock of newmovies over time? Any such policy should consist of two key dimensions: (i) the number of copies purchased; and (ii) when to remove amovie from the front shelves and replace it by a newly released one.We first analyze this bi-variate...
Persistent link: https://www.econbiz.de/10012778019
This paper studies a periodic-review pricing and inventory control problem for a retailer, which faces stochastic price-sensitive demand, under quite general modeling assumptions. Any unsatisfied demand is lost, and any leftover inventory at the end of the finite selling horizon has a salvage...
Persistent link: https://www.econbiz.de/10012778020
In this paper, we focus on a firm selling a single make-to-stock product to price-sensitive end customers. We develop an integrated operations-marketing model that can help determine the relevant profit-maximizing decision variable values for two pricing policies that the firm might follow -...
Persistent link: https://www.econbiz.de/10012778021