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Article: Comparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period product

TitleComparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period product
Authors
KeywordsDistribution
Inventory
Newsboy Problem
Issue Date2003
PublisherElsevier 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?
AbstractSeveral 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 Identifierhttp://hdl.handle.net/10722/177909
ISSN
2015 Impact Factor: 2.679
2015 SCImago Journal Rankings: 2.595
References

 

DC FieldValueLanguage
dc.contributor.authorLau, AHLen_US
dc.contributor.authorLau, HSen_US
dc.date.accessioned2012-12-19T09:40:47Z-
dc.date.available2012-12-19T09:40:47Z-
dc.date.issued2003en_US
dc.identifier.citationEuropean Journal Of Operational Research, 2003, v. 144 n. 3, p. 659-676en_US
dc.identifier.issn0377-2217en_US
dc.identifier.urihttp://hdl.handle.net/10722/177909-
dc.description.abstractSeveral 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.languageengen_US
dc.publisherElsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ejoren_US
dc.relation.ispartofEuropean Journal of Operational Researchen_US
dc.subjectDistributionen_US
dc.subjectInventoryen_US
dc.subjectNewsboy Problemen_US
dc.titleComparative normative optimal behavior in two-echelon multiple-retailer distribution systems for a single-period producten_US
dc.typeArticleen_US
dc.identifier.emailLau, AHL: ahlau@business.hku.hken_US
dc.identifier.authorityLau, AHL=rp01072en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1016/S0377-2217(02)00145-5en_US
dc.identifier.scopuseid_2-s2.0-0037290096en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0037290096&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume144en_US
dc.identifier.issue3en_US
dc.identifier.spage659en_US
dc.identifier.epage676en_US
dc.publisher.placeNetherlandsen_US
dc.identifier.scopusauthoridLau, AHL=7202626080en_US
dc.identifier.scopusauthoridLau, HS=7201497264en_US

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