Now showing items 1-5 of 5
Why Markdown as a Pricing Modality?
(INFORMS (Instute for Operations Research and the Management Sciences), 2019-05)
Markdown as a pricing modality is ubiquitous in retail whereas everyday low price (EDLP) remains relatively rare (despite its several advantages, such as simplicity). This paper explores whether and why retailers can use ...
Online Market Entry and Channel Sharing Strategy with Direct Selling Diseconomies in the Sharing Economy Era
(Elsevier B.V., 2019-05-16)
Channel sharing is an important marketing strategy for giant retailers who sell their own store brands and resell national brands for cooperative manufacturers simultaneously. To expand their market and increase profitability, ...
Joint Inventory-Pricing Optimization with General Demands: An Alternative Approach for Concavity Preservation
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. ...
Sourcing Contract under Countervailing Incentives
We study a retailer’s sourcing contract when the supplier’s reservation profit (offered by his outside options) depends on his cost, which is privately known to only the supplier. An interesting discovery from our analysis ...
Strategic Remanufacturing under Competition
(De Gruyter, 2019-06-12)
We investigate firms' remanufacturing strategies for the case of a duopoly. On the one hand, remanufactured products cannibalize sales of new products of the same firm thereby hurting its profits. On the other hand, they ...