Abstract
We analyze a multiple-stage supply chain model of a seasonal product with pricing decisions. We develop closed-form expressions for the optimal expected profits of different stages. The results enable us to quantify the loss of supply chain profits if uncoordinated pricing decisions are made by supply chain agents.
Original language | English |
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Pages (from-to) | 83-88 |
Number of pages | 6 |
Journal | Operations Research Letters |
Volume | 36 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2008 |
Keywords
- Coordination
- Newsvendor model
- Pricing
- Supply chain management
ASJC Scopus subject areas
- Software
- Management Science and Operations Research
- Industrial and Manufacturing Engineering
- Applied Mathematics