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Call blockage may incur large losses in areas prone to traffic accidents. We formulate an optimisation problem that chooses base station locations and assign channels to them so as to minimise the overall installation and call blockage costs. Since this problem is a difficult non-linear integer...
Persistent link: https://www.econbiz.de/10005048966
Call blockage may incur large losses in areas prone to traffic accidents. We formulate an optimisation problem that chooses base station locations and assign channels to them so as to minimise the overall installation and call blockage costs. Since this problem is a difficult non-linear integer...
Persistent link: https://www.econbiz.de/10008539481
Persistent link: https://www.econbiz.de/10005347118
We address a quality control problem frequently encountered in multi-stage pharmaceutical supply chains transporting drugs from a producer to a wholesaler and eventually to retailers (pharmacies). Depending on the transportation modes and storage methods used, the stages may expose the drugs to...
Persistent link: https://www.econbiz.de/10009352688
This paper studies the group-buying mechanism from a dynamic perspective. We consider a seller that offers a product in the form of group buying (priced low but uncertain) and spot purchasing (priced high but guaranteed). In the case of group buying, the information associated with the number of...
Persistent link: https://www.econbiz.de/10010730168
We consider a duopolistic Bertrand competition setting in which competing firms can turn into intermediaries. The intermediation option allows firms to take advantage of the rival firm’s low price. We then give conditions for the existence of equilibrium.
Persistent link: https://www.econbiz.de/10010576417
A fashion supply chain characterized by a long lead time and a short selling season is considered in this paper. Facing demand uncertainty, the risk averse retailer has two opportunities to make order decisions before the demand is realized. The risk aversion is modelled as a penalty to the...
Persistent link: https://www.econbiz.de/10010580567
This paper considers a multi-period news-vendor problem with partially observed supply-capacity information which evolves as a Markovian Process. The supply capacity is fully observed by the buyer when the capacity is smaller than the buyer's ordering quantity. Otherwise, the buyer knows that...
Persistent link: https://www.econbiz.de/10008483412