The demand for goods like seasonal fashion apparel is uncertain but the lead time needed for production is long, and so it is necessary to set the production quantity before the demand is fully known. Once sale begins, if demand is less than anticipated, the price will be low. In a futile...

The demand for goods like seasonal fashion apparel is uncertain but the lead time needed for production is long, and so it is necessary to set the production quantity before the demand is fully known. Once sale begins, if demand is less than anticipated, the price will be low. In a futile...

Die Vielzahl der Einzelhandelsgeschäfte in Japan reflektiert die geographischen Bedingungen, das Transportsystem und die relative Knappheit an Lebensraum. Die Nähe der kleinen Einzelhandelsgeschäfte erleichtert Privathaushalten den Einkauf und erlaubt es, die private Bevorratung gering zu...

When retailers must commit to shipment quantities prior to resolution of demand uncertainty, manufacturer stipulation of a minimum retail price is likely to be profitable for the manufacturer, and not damaging to the retailers. The reason is simple: If demand turns out to be low, the unfettered...