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作者：Bensoussan, Alain; Xie, Yangyang; Yan, Houmin
作者单位：University of Texas System; University of Texas Dallas; City University of Hong Kong; Chinese Academy of Sciences; University of Science & Technology of China, CAS; City University of Hong Kong
摘要：In this study, we provide an alternative approach for proving the preservation of concavity together with submodularity, and apply it to finite-horizon non-stationary joint inventory-pricing models with general demands. The approach characterizes the optimal price as a function of the inventory level. Further, it employs the Cauchy-Schwarz and arithmetic-geometric mean inequalities to establish a relation between the one-period profit and the profit-to-go function in a dynamic programming sett...
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作者：Akkas, Arzum
作者单位：Boston University
摘要：Product expiration is an important problem in the consumer-packaged-goods industry eroding profits and generating substantial waste. We propose that shelf space selection can be an operational lever to control expiration of perishable inventory. To this end, we first explain the conditions under which shelf space impacts expiration then develop a method to determine the appropriate level of shelf space which incorporates this impact. We formulate a shelf space selection problem for a single pr...
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作者：Chuang, Howard Hao-Chun; Oliva, Rogelio; Heim, Gregory R.
作者单位：National Chengchi University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：Retail inventories have been consistently dropping, relative to sales, since the 1990s. Whether these lean inventory developments translate to better retailer operational performance is still an open question. We empirically examine associations between inventory leanness and operational efficiency for a sample of public US retailers from 2000 to 2013. Via a stochastic frontier analysis that accounts for retailer heterogeneity and time parameters, we find support for the hypothesis that operat...
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作者：Hsu, Vernon N.; Xiao, Wenqiang; Xu, Jiayan
作者单位：Chinese University of Hong Kong; New York University; Sun Yat Sen University
摘要：We consider an integrated multinational firm (MNF) who produces a product in a low-tax country and sells it in a high-tax country. The global firm faces the decision of whether to sell the product (and at what price) to an external rival in the retail market who has an alternative outside sourcing option. Using a Cournot competition model, we show that two salient elements of the global tax planning-namely the tax rate disparity and the regulatory restrictions on transfer pricing between the M...
