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Demand volatility and production lead time oblige manufacturers of made-to-stock goods to use economic forecasts in deciding on production quantities. Manufacturers of finitely durable goods face an additional complication -- in making production decisions, they must consider not only the...
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This paper contributes to the supply chain contracts literature in economics and operations by performing qualitative sensitivity analysis on a wholesale price contract in a two-echelon supply chain setting. It is assumed that the upstream supplier has complete information about the costs and...
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