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In a service organization, a number of mechanisms may be used to match a limited supply of services with an unpredictable demand for those services. Tactical and operational mechanisms, which actually enhance the organization's performance, may either increase absolute capacity and efficiency,...
Persistent link: https://www.econbiz.de/10009212300
In this article Gabriel Bitran and Susana Mondschein discuss the most important features of the mailing process in the catalog sales industry. They contrast a 'conventional' approach for mailing and inventory decisions, that is recommended in the specialized literature and has been observed in...
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Purpose The purpose of this paper is to study the optimal contact policies for customers that belong to the mass affluent market. Design/methodology/approach The authors formulate a stochastic dynamic programming model to determine the optimal frequency of contacts in order to maximize the...
Persistent link: https://www.econbiz.de/10014677027
The service encounter plays a critical role in determining customer satisfaction. It is the service firm's 'moment of truth'. Surveying and building upon the existing literature, Gabriel Bitran and Maureen Lojo develop a framework for evaluating and improving the quality of the customer...
Persistent link: https://www.econbiz.de/10009211695
In this paper we review the literature on product development from a services perspective. We identify similarities in the creation and evolution of products and services, and discuss three types of knowledge that are commonly required in a development process: the sequence of steps or...
Persistent link: https://www.econbiz.de/10009212838
In this paper, we examine the research and results of dynamic pricing policies and their relation to revenue management. The survey is based on a generic revenue management problem in which a perishable and nonrenewable set of resources satisfy stochastic price sensitive demand processes over a...
Persistent link: https://www.econbiz.de/10009218617
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