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Quantity discounts have been broadly examined in decisions on the sale or purchase of goods. The analysis of coordinating the discount decisions for the retailer (buyer), the wholesaler (supplier), and the public transportation service provider (Less-Than-Truckload carrier), however, is still in...
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Although it is an essential link in any supply chain, transportation is often neglected in inventory decisions. In reordering decisions, for example, this omission may well result in unexpected losses, as transportation and quantity discounts can be tricky. In this paper, we study the problem of...
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Quantity discounts are a useful mechanism for coordination. Here we investigate such discounts from the supplier's perspective, both from a non-cooperative game-theoretical approach and a joint decision model. Taking into account the price elasticity of demand, this analysis aids a sole supplier...
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When making purchasing decisions for a certain product, consumers normally take the historical price as a reference. Focusing on the intertemporal reference price effect (IRPE), this study investigates the joint optimization problem of price and quality from a new product releaser's perspective....
Persistent link: https://www.econbiz.de/10014343704
Considering the real-world situations where past purchases could influence future prices, this research examines the multi-product price optimization problem under a multi-stage choice model. Particularly, the seller commits to a multi-stage pricing policy and determines product prices based on...
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