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Problem Definition: Quick response is a classic operations strategy, under which a retailer can place a second order for rapid replenishment during the selling season after learning more about market demand. This paper examines the value of quick response when a strategic manufacturer can either...
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In this paper, we study a buyer׳s configuration of flexibility strategies under supply uncertainty. His main supplier׳s production process is uncertain, and he can either choose pricing flexibility (setting prices depending on the available supply) or operational flexibility (requesting a...
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We study a supply chain with a manufacturer and two different suppliers. One supplier is a big company abroad, who is prime and offers high quality modules with long lead time. The other supplier is a small local company, taken as the urgent supplier by the manufacturer, who can produce modules...
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