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The quick response (QR) supply chain system has received a great deal of attention in the recent past because of the advances in many new technologies such as RFID systems and mobile computing. Establishment of supply chain practices, such as collaborative planning, forecasting and replenishment...
Persistent link: https://www.econbiz.de/10014045745
We explore buyback contracts in a supplier–retailer supply chain where the retailer faces a price-dependent downward-sloping demand curve subject to uncertainty. Differentiated from the existing literature,this work focuses on analytically examining how the uncertainty level embedded in market...
Persistent link: https://www.econbiz.de/10014045600
A total minimum commitment contract is a supply contract under which a firm commits to buying a minimum quantity of a product from its supplier during the contract duration (e.g., one year). Such contracts are widely used in industries, because they provide the buyer with flexibility in terms of...
Persistent link: https://www.econbiz.de/10013227702
Consider a publisher of online display advertising that sells its ad resources in both an upfront market and a spot market. When planning its ad delivery, the publisher needs to make a trade-off between earning a greater short-term profit from the spot market and improving advertising...
Persistent link: https://www.econbiz.de/10013244984
Faced with challenges of patient no-show behavior in the advanced scheduling system and the demand variability effect in the open-access system, outpatient clinics may use a combination of both policies. When this happens, the typical decision rule is the "carve-out scheduling" (COS) policy. The...
Persistent link: https://www.econbiz.de/10014087966
The aging population and increasing chronic disease load are rapidly changing the face of primary care delivery, with mid-level (e.g., nurse) practitioners providing growing proportion of patient care. Potential differences in the quality of care offered by physicians and nurse practitioners may...
Persistent link: https://www.econbiz.de/10014087967
Persistent link: https://www.econbiz.de/10014337128
We study sourcing and pricing decisions of a firm with correlated suppliers and a price-dependent demand. With two suppliers, the insight -- cost is the order qualifier while reliability is the order winner -- derived in the literature for the case of exogenously determined price and independent...
Persistent link: https://www.econbiz.de/10013067986
With the increasing awareness of the serious consequences of supply disruption risk, firms adopt various kinds of strategies to mitigate it. We consider a supply chain in which two suppliers sell components to two competing manufacturers producing and selling substitutable products. Supplier 1...
Persistent link: https://www.econbiz.de/10013061812