作者:Jain, Apurva; Moinzadeh, Kamran; Dumrongsiri, Aussadavut
作者单位:University of Washington; University of Washington Seattle; Thammasat University
摘要:We analyze a model of rental and return process where limited inventory of a product is rented to two customer classes that differ in their return behavior and penalty costs. The rental demand is a decreasing function of time. We consider two cases: where a demand that is not met is lost and where an unmet demand returns. We show that to minimize penalty cost, the optimal allocation policy may give priority to different classes at different points in time and may decline lower-class demand for...
作者:Chu, Leon Yang; Wang, Yunzeng
作者单位:University of Southern California; University of California System; University of California Riverside
摘要:Consider a buyer who would like to procure certain products for the current period and the underlying technologies so that he can become a supplier and compete with current suppliers in the future market. One potential procurement mechanism for such a buyer is to bundle the procurement project with technology acquisition. We propose a dynamic stochastic game-theoretic model that analyzes the optimal technology offer strategies of the asymmetric suppliers and highlights how the size of the curr...