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We analyze the competitive capacity investment timing decisions of both established firms and start-ups entering new markets which are characterized by a high degree of demand uncertainty. Firms may invest in capacity early (when the market is highly uncertain) or late (when market uncertainty...
Persistent link: https://www.econbiz.de/10014044796
This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.
Persistent link: https://www.econbiz.de/10013521182
The arrival of the gig economy has led to an unprecedented explosion of person-to-person task outsourcing: driving, food pickup, and shopping can all be done by someone other than the consumer. Such outsourcing potentially creates new challenges for gig workers: knowing the most efficient route,...
Persistent link: https://www.econbiz.de/10014260234
A significant proportion of the world's population has no access to grid-based electricity and so relies on off-grid lighting solutions. Rechargeable lamp technology is gaining popularity as an alternative off-grid lighting model in developing countries. In this paper, we explore consumer...
Persistent link: https://www.econbiz.de/10014262266
We develop a model to understand and predict customers’ observed multichannel behavior in a customer support setting. Using individual-level data from a US-based health insurance firm, we model a customer's query frequency and choice of using the telephone or web channel for resolving queries...
Persistent link: https://www.econbiz.de/10014166890
Internet companies extensively use the practice of drop-shipping, where the wholesaler stocks and owns the inventory and ships products directly to customers at retailers' request. Under the drop-shipping arrangement, the supply chain benefits from risk pooling because the inventory for multiple...
Persistent link: https://www.econbiz.de/10009191581
Firms that rely on functioning mission-critical equipment for their businesses cannot afford significant operational downtime due to system disruptions. To minimize the impact of disruptions, a proper incentive mechanism has to be in place so that the suppliers provide prompt restoration and...
Persistent link: https://www.econbiz.de/10009197426
Internet technology has allowed for a higher degree of decoupling between the information-intensive sales process and the physical process of inventory management than its brick-and-mortar counterpart. As a result, some Internet retailers choose to outsource inventory and back-end operations to...
Persistent link: https://www.econbiz.de/10009198073
In this paper we characterize the impact of production technology on the optimal product line design. We analyze a problem in which a manufacturer segments the market on quality attributes and offers products that are partial substitutes. Because consumers self-select from the product line,...
Persistent link: https://www.econbiz.de/10008788158
Persistent link: https://www.econbiz.de/10009996718