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Essays on joint operational and mark...
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University of Michigan.
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Essays on joint operational and marketing decisions in individual firms and supply chains.
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Essays on joint operational and marketing decisions in individual firms and supply chains./
Author:
Wang, Ling.
Description:
152 p.
Notes:
Adviser: Roman Kapuscinski.
Contained By:
Dissertation Abstracts International68-08A.
Subject:
Business Administration, Management. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoeng/servlet/advanced?query=3276325
ISBN:
9780549181033
Essays on joint operational and marketing decisions in individual firms and supply chains.
Wang, Ling.
Essays on joint operational and marketing decisions in individual firms and supply chains.
- 152 p.
Adviser: Roman Kapuscinski.
Thesis (Ph.D.)--University of Michigan, 2007.
Traditionally, operational decisions and marketing decisions are made by separate functions in a firm. The separate decision-making can lead to a mismatch between supply and demand and hurt firms' profitability. This dissertation seeks to determine how to coordinate operational decisions and marketing decisions at the firm level and the supply chain level.
ISBN: 9780549181033Subjects--Topical Terms:
626628
Business Administration, Management.
Essays on joint operational and marketing decisions in individual firms and supply chains.
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152 p.
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Adviser: Roman Kapuscinski.
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Source: Dissertation Abstracts International, Volume: 68-08, Section: A, page: 3477.
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Thesis (Ph.D.)--University of Michigan, 2007.
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Traditionally, operational decisions and marketing decisions are made by separate functions in a firm. The separate decision-making can lead to a mismatch between supply and demand and hurt firms' profitability. This dissertation seeks to determine how to coordinate operational decisions and marketing decisions at the firm level and the supply chain level.
520
$a
The first essay considers the joint inventory and price decision problem under two pricing schemes - "up-front pricing" and "delayed pricing" - for a make-to-stock firm that sells substitutable products with uncertain demand. A new methodology is provided to characterize the optimal policy for both pricing schemes. We also consider the competitive case in which each item is managed by a different firm. The existence of a unique Nash equilibrium is identified for up-front pricing scheme while there can exist multiple Nash equilibria for delayed pricing scheme.
520
$a
The second essay models a two-stage supply chain with two manufacturers and one retailer, whose strategic marketing decision is product variety. A supplier pays a slotting fee if his product is carried by the retailer. The retailer incurs a fixed transaction cost for each carried product. We find that, contrary to often cited claims, use of slotting fees does not always lead to less variety or higher price. In the case when variety is indeed decreased, it is usually compensated by lower prices. While the manufacturer is always worse off with use of slotting fees, the retailer and the consumers usually benefit.
520
$a
The third essay focuses on make-to-order industries, and analyzes the joint due-date and price quotation problem in both monopolistic and competitive environments. In the monopolistic model a single firm quotes price and due-date to incoming customers. Customers either accept or reject the quote according to a probability function. We show the firm's optimal policy is to promise the earliest available due-date and offer a price uniquely determined by its current backlog. In the competitive model we provide conditions for Nash equilibria to exist and characterize the equilibrium due-dates and prices. Numerical study suggests that two factors dampen the intensity of competition: backlog gap between firms and the limited capacity.
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School code: 0127.
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http://pqdd.sinica.edu.tw/twdaoeng/servlet/advanced?query=3276325
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W9075089
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