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When dynamic production capacity is considered in production lot-sizing plans, it becomes very challenging to efficiently determine the optimal production plan. Many papers apply “at most one fractional production period” to develop efficient algorithms, but those algorithms are still...
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We examine the effects of demand-side (product market) and supply-side (supply chain) market power on firm profitability and the ease of access to bank financing. Using granular supply-chain and bank-loan information, we empirically demonstrate that both demand-side and supply-side power are...
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