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We consider duopoly models where firms make decisions on capacity, production, and price under demand uncertainty. Capacity and price decisions are made, respectively, ex ante and ex post demand realizations. The interplay between the timings of demand realization and production decision endows...
Persistent link: https://www.econbiz.de/10009191465
This paper considers network supply chains with price dependent demand by modelling them as large acyclic networks. Such large networks are common in the automobile and apparel industries. We develop a model to analyze the effect of these large-scale problems involving long sequences of...
Persistent link: https://www.econbiz.de/10009214233
A major challenge in the creation of custom-designed products lies in the elicitation of customer needs. As customers are frequently unable to accurately articulate their needs, designers typically create one or several prototypes, which they then present to the customer. This process, which we...
Persistent link: https://www.econbiz.de/10009191765
failures. In contrast, we propose that collaboration can have opposite effects at the two extremes: it reduces the probability … demonstrate that the effect is more than an upward mean shift. We find partial mediation of the effect of collaboration on extreme … outcomes by the diversity of technical experience of team members and by the size of team members' external collaboration …
Persistent link: https://www.econbiz.de/10009197691
. Consequently, a broad range of information technologies to better support the collaboration of diverse, and increasingly … distributed, sets of participants is ever more utilized. Arguably, the success of such technology-mediated collaboration is … within the context of group collaboration environments. We fill this gap by integrating research from human …
Persistent link: https://www.econbiz.de/10009209009
contracting strategies, and identify a simple strategy, expected margin commitment (EMC), that effectively promotes collaboration …. The manufacturer prefers EMC if collaboration leads to a large reduction in unit cost and/or demand variability is low … enhance supply chain efficiency may hinder ex ante collaboration that precedes production. <i>This paper was accepted by Yossi …
Persistent link: https://www.econbiz.de/10010990474
Supply chain management is likely to play an important role in the digital economy. In this paper, we first describe major issues in traditional supply chain management. Next, we focus our attention on the supply chain issues of visibility, supplier relationships, distribution and pricing,...
Persistent link: https://www.econbiz.de/10009204165
vendor-managed inventory (VMI), is directly and positively related to manufacturer margins, while collaboration on new … collaboration allows the manufacturer to charge higher wholesale prices and, interestingly, is associated with lower retailer, and … consequently manufacturer, stockouts. In contrast, collaboration on the handling of excess and defective retailer inventory (i …
Persistent link: https://www.econbiz.de/10009204298
The overuse of its currency processing facilities by depository institutions (DIs) has motivated the Federal Reserve (Fed) to impose its new cash recirculation policy. This overuse is characterized by the practice of cross-shipping, where a DI both deposits and withdraws cash of the same...
Persistent link: https://www.econbiz.de/10009191302
administer, then the coordination of the supply chain and the arbitrary allocation of its profit is possible. Several limitations …
Persistent link: https://www.econbiz.de/10009191918