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作者:Feng, Qi; Lu, Lauren Xiaoyuan
作者单位:Purdue University System; Purdue University; University of North Carolina; University of North Carolina Chapel Hill
摘要:We analyze contracting behaviors in a two-tier supply chain system consisting of competing manufacturers and competing retailers. We contrast the contracting outcome of a Stackelberg game, in which the manufacturers offer take-it-or-leave-it contracts to the retailers, with that of a bargaining game, in which the firms bilaterally negotiate contract terms via a process of alternating offers. The manufacturers in the Stackelberg game possess a Stackelberg-leader advantage in that the retailers ...
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作者:Gong, Yeming (Yale); de Koster, Rene B. M.; Frenk, J. B. G. (Hans); Gabor, Adriana F.
作者单位:emlyon business school; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Sabanci University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:Self-storage is a booming industry. Both private customers and companies can rent temporary space from such facilities. The design of self-storage warehouses differs from other facility designs in its focus on revenue maximization. A major question is how to design self-storage facilities to fit market segments and accommodate volatile demand to maximize revenue. Customers that cannot be accommodated with a space size of their choice can be either rejected or upscaled to a larger space. Based ...
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作者:Lu, Ye; Simchi-Levi, David
作者单位:City University of Hong Kong; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要:In this note, we study the price-setting newsvendor problem. We use three conditions, the log-convexity of the coefficient of variation, the log-concavity of the deterministic profit function, and the log-convexity of the random noise's expectation conditional on having leftover inventory to establish the log-concavity of the retailer's expected profit function. This new result is complementary to existing results and removes some assumptions in the pricing and inventory coordination literatur...
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作者:Huang, Tingliang; Van Mieghem, Jan A.
作者单位:University of London; University College London; Northwestern University
摘要:Click tracking is gaining in popularity, and the practice of web analytics is growing fast. Whether strategic customers are willing to visit a website when they know their clicks may be tracked is an important yet complex problem, which depends on various factors. Using a newsvendor framework, we examine this problem by focusing on the operational factor: how product availability induces strategic customers to voluntarily provide advance demand information. We find that a strong Nash equilibri...