This paper investigates the making of optimal regulatory standard in a game theoretical model. We demonstrate that the optimal regulatory standard is robust and irrelevant to interest group pressure under different market structures. Stated differently, the source of rulemaking outcome variation...

Marketing‐manufacturing interface is becoming an increasingly important research area, as the firms unable to reduce inter‐departmental conflict find their global competitiveness compromised. Due to inevitable interaction of marketing and manufacturing with design engineering in conflict and...

The success of a JIT system depends on the effective implementation of all its components, including JIT purchasing. Even after following all prescribed implementation procedures of the JIT purchasing system, many companies are frustrated owing to delayed or early delivery of materials to the...

In an Internet direct sales supply chain, the customers buy direct from the manufacturer sacrificing the benefit of physical inspection of the product. This increases the likelihood that customers will have some dissatisfaction with the product and would like to return it. A clearly explained...

Purpose – An effective return policy is used as an important competitive weapon in the marketplace to substantially influence product sales. However, return policy is also seen as a problem for all parties in the supply chain due to the headache in processing returned merchandise. While...

Abstract The mixed channel model is becoming increasingly popular in the hi-tech industry where a firm, in addition to selling through the traditional supply chain of wholesaler and retailer, opens a direct channel to the customer through Internet sales. While the dual channel has its...