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How should a firm make joint production and replenishment decisions in a make-to-order setting where it can use either of two kinds of raw materials (or their mixture) to produce an end product using a shared production line with stochastic capacity? The problem is motivated by the practice of...
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We consider a multi-product dynamic pricing problem with limited inventories under the so-called Cascade Click model, which is one of the most popular click models used in practice for analyzing customers' click-and-search behavior in large-scale web analytic applications. We present three...
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We consider a monopoly firm that aims to maximize its total revenue over a finite horizon by optimizing the assortments across different periods. Customers make their purchase decisions according to a variant of the classical MNL model that incorporates popularity bias. We assume that the...
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We consider the setting of a firm operating multiple warehouses and multiple stores where each warehouse is endowed with an initial non-replenishable inventory. There is a finite selling horizon and, at the beginning of each period, the firm needs to decide for each store how many units of...
Persistent link: https://www.econbiz.de/10014235799
We revisit the uncapacitated single-period joint assortment and inventory problem in the presence of dynamic (stockout-based) substitution behavior (i.e., the so-called "dynamic assortment problem"). This is a very important practical problem faced by many retailers; at the same time, it is also...
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We consider a multi-period Newsvendor problem where the seller decides the initial inventory level and dynamically sets the prices in every periods. A purchase made in a period can be returned at a (random) future period following a return time distribution. Unlike existing works in the...
Persistent link: https://www.econbiz.de/10012838364