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We address a general periodic review inventory control model with the simultaneous presence of the following complications: (a) bilateral inventory adjustment options, via procurement orders and salvage sales or returns to the supplier; (b) fixed costs associated with procurement orders and...
Persistent link: https://www.econbiz.de/10012900320
We analyze a general model in which, at each echelon of the supply process, an arbitrary number of firms compete, offering one or multiple products to some or all of the firms at the next echelon, with firms at the most downstream echelon selling to the end consumer. At each echelon, the offered...
Persistent link: https://www.econbiz.de/10013036939
We address a generic price competition model in an industry with an arbitrary number of competitors, each offering all or a subset of a given line of N products. The products are substitutes in the sense that the demand volume of each product weakly increases whenever the price of another...
Persistent link: https://www.econbiz.de/10013061794
We develop a model for the competitive interactions in service industries where firms cater to multiple customer classes or market segments with the help of shared service facilities or processes so as to exploit pooling benefits. Different customer classes typically have distinct sensitivities...
Persistent link: https://www.econbiz.de/10013119415
We characterize the equilibrium behavior in a broad class of competition models in which the competing firms' market shares are given by an attraction model, and the aggregate sales in the industry depend on the aggregate attraction value according to a general function. Each firm's revenues and...
Persistent link: https://www.econbiz.de/10013119416
We study a finite horizon, single product, periodic review inventory system with \emph{two} supply sources and a salvage option. These supply sources are typically capacitated and capacity levels often need to be reserved or installed in advance of the operational planning horizon. The supply...
Persistent link: https://www.econbiz.de/10012853310
In many service industries, companies compete with each other on the basis of the waiting time their customers experience, along with other strategic instruments such as the price they charge for their service. The objective of this paper is to conduct an empirical study of an important industry...
Persistent link: https://www.econbiz.de/10014037522
We develop a model for the competitive interactions in service industries where firms cater to multiple customer classes or market segments with the help of shared service facilities or processes, so as to exploit pooling benefits. Different customer classes typically have distinct sensitivities...
Persistent link: https://www.econbiz.de/10014026988