Showing 1 - 6 of 6
We analyze the problem of determining inventory and pricing decisions in a two-period retail setting when an opportunity to refine information about uncertain demand is available. The model extends the newsvendor problem with pricing by allowing for multiple suppliers, the pooling of procurement...
Persistent link: https://www.econbiz.de/10009430684
This dissertation involves three essays, studying firms' decision-making on marketing mix variables. Specifically, the first essay (Chapter 2) studies the effects of distribution channels on firms' advertising content decision. In many markets, consumers may not have full information of product...
Persistent link: https://www.econbiz.de/10009477743
Motivated by a production planning problem in an actual global manufacturing network, we examine the impact of exchange-rate uncertainty ... namely the volatility in and correlations among exchange rates ... on the choice of various optimal production policies and the conditions which lead to...
Persistent link: https://www.econbiz.de/10009430683
We address the problem of determining optimal ordering and pricing policies in a finite-horizon newsvendor model with unobservable lost sales. The demand distribution is price-dependent and involves unknown parameters. We consider both the cases of perishable and non-perishable inventory. A very...
Persistent link: https://www.econbiz.de/10009430690
We consider a variant of the periodic review system with a virtual warehouse that is due to Eppen and Schrage (1981). Depending on the realized pattern of demand during the delivery leadtime, this inventory is dynamically allocated or rationed to each of the retailers. While Eppen and Schrage...
Persistent link: https://www.econbiz.de/10009430691
In the first essay, we present a unified treatment of postponement strategies in combination of advance purchase contract, option contract, and recourse contract. Specifically, we consider an uncapacitated manufacturer who before uncertainty is resolved offers a monopolistic price-setting...
Persistent link: https://www.econbiz.de/10009430882