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- Publisher Website: 10.1016/S0377-2217(02)00145-5
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Article: Comparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period product
Title | Comparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period product |
---|---|
Authors | |
Keywords | Distribution Inventory Newsboy Problem |
Issue Date | 2003 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ejor |
Citation | European Journal Of Operational Research, 2003, v. 144 n. 3, p. 659-676 How to Cite? |
Abstract | Several recent papers extended the classical single-echelon "newsboy model" for style goods to two-echelons. That is, one studies the interactive decisions between the "manufacturer" and the "retailer" - now recognized as two separate entities. However, these papers assumed that there is only one retailer. This paper studies optimal decisions and outcomes pertaining to a system with one manufactory and multiple retail outlets. Compared are the optima from different market/ownership configurations - ranging from a fully integrated system (a single owner owns the manufactory and all retail outlets) to a situation in which all entities are separately owned and the manufacturer charges different retailers different prices ("differential pricing"). Some of our findings appear counter-intuitive; e.g., we show that, from the societal point of view, enforcing uniform pricing is no more desirable that permitting differential pricing. © 2002 Elsevier Science B.V. All rights reserved. |
Persistent Identifier | http://hdl.handle.net/10722/177909 |
ISSN | 2023 Impact Factor: 6.0 2023 SCImago Journal Rankings: 2.321 |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lau, AHL | en_US |
dc.contributor.author | Lau, HS | en_US |
dc.date.accessioned | 2012-12-19T09:40:47Z | - |
dc.date.available | 2012-12-19T09:40:47Z | - |
dc.date.issued | 2003 | en_US |
dc.identifier.citation | European Journal Of Operational Research, 2003, v. 144 n. 3, p. 659-676 | en_US |
dc.identifier.issn | 0377-2217 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177909 | - |
dc.description.abstract | Several recent papers extended the classical single-echelon "newsboy model" for style goods to two-echelons. That is, one studies the interactive decisions between the "manufacturer" and the "retailer" - now recognized as two separate entities. However, these papers assumed that there is only one retailer. This paper studies optimal decisions and outcomes pertaining to a system with one manufactory and multiple retail outlets. Compared are the optima from different market/ownership configurations - ranging from a fully integrated system (a single owner owns the manufactory and all retail outlets) to a situation in which all entities are separately owned and the manufacturer charges different retailers different prices ("differential pricing"). Some of our findings appear counter-intuitive; e.g., we show that, from the societal point of view, enforcing uniform pricing is no more desirable that permitting differential pricing. © 2002 Elsevier Science B.V. All rights reserved. | en_US |
dc.language | eng | en_US |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ejor | en_US |
dc.relation.ispartof | European Journal of Operational Research | en_US |
dc.subject | Distribution | en_US |
dc.subject | Inventory | en_US |
dc.subject | Newsboy Problem | en_US |
dc.title | Comparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period product | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lau, AHL: ahlau@business.hku.hk | en_US |
dc.identifier.authority | Lau, AHL=rp01072 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1016/S0377-2217(02)00145-5 | en_US |
dc.identifier.scopus | eid_2-s2.0-0037290096 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0037290096&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 144 | en_US |
dc.identifier.issue | 3 | en_US |
dc.identifier.spage | 659 | en_US |
dc.identifier.epage | 676 | en_US |
dc.publisher.place | Netherlands | en_US |
dc.identifier.scopusauthorid | Lau, AHL=7202626080 | en_US |
dc.identifier.scopusauthorid | Lau, HS=7201497264 | en_US |
dc.identifier.issnl | 0377-2217 | - |