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To stay competitive, high-technology manufacturers (HTMs), such as Apple and Intel, not only frequently source new technologies from their suppliers, but also financially support the development of these new technologies into component products or production tools. We consider an HTM that can...
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In this paper, we study the problem of managing limited retail shelf or storage space for basic products by considering two inventory management strategies: space dedication and space sharing. When space is dedicated to each product, there is more flexibility in planning as different products...
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Procurement control (PC) is a practice that the buyer controls the material procurement of the supplier and at the same time takes the inventory risk from the supplier. In this paper we compare PC with a decentralized contracting practice (DC) in the setting of a risk-neutral buyer cooperating...
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Offering consumers the option of buying extended warranties when selling durable consumer goods is a relatively new practice in Chinese industry. In this paper, we try to explore this practice in a setting that a monopolist sells a kind of product via a retailer, the channel members try to...
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