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We analyze a price-setting news-vendor problem with an additive – multiplicative demand. We show that the uni-modality of the news-vendor profit function holds when the underlying random term has an increasing failure rate and the demand functions satisfy certain concavity conditions....
Persistent link: https://www.econbiz.de/10012838197
We investigate a manufacturer's information acquisition and subsidization strategies in a supply chain featuring two competing retailers who sell substitutable products and have private demand information. The manufacturer can decide whether to acquire demand information at a cost and further...
Persistent link: https://www.econbiz.de/10012838800
We analyze a finite horizon periodic-review inventory model in the presence of advance purchase dis- count (APD). In addition to the opportunity to place a contingent order when required, the buyer can also commit to advance orders and receive discounts. Thus the buyer faces the following...
Persistent link: https://www.econbiz.de/10012838897
This paper proposes a new methodology to solve partially observed inventory problems. Generally, these problems have infinite dimensional states that are conditional distribution of the inventory level. Our methodology involves linearizing the state transitions via unnormalized probabilities. It...
Persistent link: https://www.econbiz.de/10012846527
The speed with which an organization takes action against unplanned failure and scrapping of its capital equipment is used as a measure of organizational nimbleness. Operational decisions at the plant level are studied in the setting of the optimal control model of Kamien and Schwarz for...
Persistent link: https://www.econbiz.de/10012846531
Coordinating contracts have been extensively researched in supply chain management. In this retrospect, we systematically review the profit allocation, decision sequence, and compliance aspects of these contracts. In addition to the existing concepts in the literature, we propose the notion of...
Persistent link: https://www.econbiz.de/10014100798
We study a retailer's sourcing contract when the supplier's reservation profit (offered by his outside options) depends on his cost, which is privately known to only the supplier. An interesting discovery from our analysis is that supply chain coordination may be achieved despite the...
Persistent link: https://www.econbiz.de/10012846558
The paper examines whether it is better to separate a model/sample to account for differences between large and small firms when developing a predictive tool to identify which companies are likely to become distressed, and therefore at risk to the supply chain. Previous research has scaled data...
Persistent link: https://www.econbiz.de/10013117032
Increasing concern about global sustainability has ushered in a diverse set of regulatory policies that aim to encourage sustainable practices and outcomes. This chapter sheds light on how these regulatory policies affect multiple aspects of companies' sustainable supply chain practices. It...
Persistent link: https://www.econbiz.de/10012864738
Persistent link: https://www.econbiz.de/10010533130