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We study capacity decisions in a service environment with seasonal arrival rates and strategic customers. Due to seasonality, the firm uses a postponement strategy where compensation is given to the peak-time customers who cannot be served in the peak time and agree to delay service. We extend...
Persistent link: https://www.econbiz.de/10012826042
Persistent link: https://www.econbiz.de/10003840664
We develop a stochastic two-period production/inventory planning model, which combines the use of information updating process with the flexibility of different delivery lead-times ordering strategy. Several decision variables are used: two orders are placed at the beginning of the first and...
Persistent link: https://www.econbiz.de/10013094636