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Manufacturing firms in capital-intensive industries face inherent demand volatility for their products and the inability to change their capacity quickly. To cope with these challenges, manufacturers often enter into contracts with their customers that offer greater certainty of supply in return...
Persistent link: https://www.econbiz.de/10009214195
We consider a manufacturer-retailer supply chain for a seasonal product whose demand is weather sensitive. The retailer orders from the manufacturer (supplier) prior to the selling season and then sells to the market. We examine how a manufacturer can structure a weather-linked rebate to improve...
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With global trade expanding rapidly and customer preferences becoming more diverse, many manufacturing firms are grappling with the problem of product proliferation. In this paper we consider the problem of determining which of many (potential) products to offer and how to price them, taking...
Persistent link: https://www.econbiz.de/10014046724
Several major grocery chains in the US own factories that produce some of their store-brand products. Historically, these store-brand products have been the low-price, lower-quality alternatives to higher-priced national brands, but the quality and consumer acceptance of store brands have...
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In this paper, we consider the problem of which products to offer and how to price them when the products are designed and manufactured using resources shared among them. We develop a model of costs that allows us to capture a wide range of complex interactions that arise when there are shared...
Persistent link: https://www.econbiz.de/10012789110
Much of the literature on product line design or product line selection focuses on revenues or market share maximization, but in many cases, the true objective is to maximize profit. In this paper, we survey the literature on models that address decisions regarding the conceptual design of...
Persistent link: https://www.econbiz.de/10014209391
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