Impact Of Quality And Pricing On The Market Shares Of Two Competint Suppliers In A Simple Procurement Model
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Impact Of Quality And Pricing On The Market Shares Of Two Competint Suppliers In A Simple Procurement Model
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Author : CANDACE ARAI YANO
language : en
Publisher:
Release Date : 1991
Impact Of Quality And Pricing On The Market Shares Of Two Competint Suppliers In A Simple Procurement Model written by CANDACE ARAI YANO and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.
Competitive Pricing And Sourcing Problems In Operations Management
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Author : Varun Gupta
language : en
Publisher:
Release Date : 2014
Competitive Pricing And Sourcing Problems In Operations Management written by Varun Gupta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business logistics categories.
This dissertation addresses three important problems concerning competitive pricing and sourcing in operations management.The first problem focuses on a new choice model based on willingness-to-pay (WTP), incorporating sequential decision making of customers. We compare WTP-choice model with the commonly used Logit model. Using WTP-choice model, we compare equilibrium prices, demands and profits of several contexts: without considering inventory and with stockouts - lost sales and backorders for ''retailer favoring" customers and for ''availability favoring" customers. An interesting result with the WTP-choice model is the ''loose coupling" of retailers; prices are not coupled but profits are. We show that competition between retailers with dependent WTPs can cause price cycles under some conditions. We consider real-life data on sales of yogurt, ketchup, candy melt, and tuna, and check if WTP-choice model, standard or mixed Logit model fits better and predict the sales better. The second problem analyzes the issue of contingent dual sourcing under supply chain disruption and competition. We consider a supply chain in which two suppliers sell components to two competing manufacturers producing and selling substitutable products. Supplier U is unreliable and cheap while Supplier R is reliable and expensive. Firm C uses a contingent dual sourcing strategy (CDSS) and Firm S uses a single sourcing strategy (SSS). We show that supply disruption and procurement times jointly impact the firms' buying decisions, and through numerical computations, we obtain additional managerial insights. Finally, as extensions, we study the impact of endogenizing equilibrium sourcing strategies for asymmetric and symmetric firms, and of capacity reservation by Firm C with Supplier R to mitigate disruption. The third problem investigates a market where distributors compete to sell experiential products (e.g., movies and music), should they use pay-per-unit pricing or use subscription pricing? We study market dynamics when a content provider is selling to two distributors which are using different pricing modalities and characterize conditions where both can co-exist profitably, where only one can make money and where price wars would be expected. We also investigate the role of the contractual powers of the players.
Real World Applications Of Game Theory And Optimization
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Author : Dun Han
language : en
Publisher: Frontiers Media SA
Release Date : 2024-08-16
Real World Applications Of Game Theory And Optimization written by Dun Han and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-16 with Science categories.
This research topic centers on the practical application of game theory and optimization methods to address complex challenges in real-world contexts. At its core, game theory provides a framework for analyzing strategic interactions among rational decision-makers, while optimization techniques are designed to seek the most favorable outcomes. These tools have proven to be powerful assets across a wide range of domains, from economics and computer science to social sciences and engineering. The following objectives guide this exploration: (i) Understanding Game Theory and Optimization in Real-world Contexts: This objective involves investigating how these mathematical constructs are applied to model and resolve problems across various fields. (ii) Analyzing the Effectiveness of Game Theory and Optimization Techniques: This involves studying real-world case studies and practical applications with the goal of evaluating the performance and efficiency of these methods in practice. (iii) Identifying Potential Areas for Effective Application of Game Theory and Optimization: This objective aims to pinpoint sectors or disciplines that may significantly benefit from the application of these mathematical techniques. The goal of this Research Topic in Frontiers in Physics aims to produce a comprehensive understanding of the real-world applications of game theory and optimization, highlighting their practical impact and potential for future use. It will provide valuable insights for professionals and researchers working in the fields where these techniques can be applied and contribute to the body of knowledge in game theory and optimization. Potential topics include but are not limited to the following: 1. Economics and Business: How are game theory and optimization used to make strategic business decisions and to understand economic phenomena? 2. Computer Science: How do these techniques contribute to areas like network design, machine learning, and algorithm development? 3. Social Sciences: How can game theory and optimization help in understanding social dynamics, designing policies, and resolving conflicts? 4. Engineering and Operations Research: How are these techniques utilized in system design, process optimization, and decision-making?
Dynamic Modelling For Supply Chain Management
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Author : Adolfo Crespo Márquez
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-01-29
Dynamic Modelling For Supply Chain Management written by Adolfo Crespo Márquez and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-29 with Technology & Engineering categories.
"Dynamic Modelling for Supply Chain Management" discusses how to streamline complex supply chain management by making the most of the growing number of tools available. The reader is introduced to the basic foundations from which to develop intelligent management strategies, as the book characterises the process and framework of modern supply chain management. The author reviews supply chain management concepts and singles out important factors in the management of modern complex production systems. Particular attention is paid to modern simulation modelling tools that can be used to support supply chain planning and control. The book explores the operational and financial impacts of various potential problems, offering a compilation of practical models to help identify solutions. A useful reference on supply chain management, "Dynamic Modelling for Supply Chain Management" will benefit engineers and professionals working in a variety of areas, from supply chain management to product engineering.
Handbook Of Industrial Organization
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Author : Richard Schmalensee
language : en
Publisher: Elsevier
Release Date : 1989
Handbook Of Industrial Organization written by Richard Schmalensee and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Annotation This is Vol 3 of the Handbook of Industrial Organization series (HIO). Vols 1 & 2 published simultaneously in 1989 under the editorship of Richard Schmalensee and Robert Willig. Many of the chapters in these successful volumes were widely cited and appeared on graduate reading lists, and some continue to appear even recently. Since the first volumes published, the field of industrial organization has continued to evolve. As the editors acknowledge in the Preface, these volumes had some gaps and this new volume aims to fill some of those gaps. The aim is to serve as a source, reference and teaching supplement for industrial organization, or industrial economics, the microeconomics field that focuses on business behavior and its implications for both market structures and processes, and for related public policies. The first two volumes of the HIO appeared at roughly the same time as Jean Tirole's book The Theory of Industrial Organization. Together they helped revolutionize the teaching of industrial organization, and provided a state-of-the-art summary. Tirole's book is concerned with the relevant theory, and several reviewers noted that the first two volumes of HIO contained much more discussion of the theoretical literature than of the empirical literature. In most respects, this imbalance was an accurate reflection of the field. Since then, the empirical literature has flourished, while the theoretical literature has continued to grow, and this new volume reflects that change of emphasis. *Part of the renown Handbooks in Economics series *Chapters are contributed by some of the leading experts in their fields. *A source, reference and teaching supplement for industrial organizations, or industrial economicists.
Collaboration In A Hyperconnected World
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Author : Hamideh Afsarmanesh
language : en
Publisher: Springer
Release Date : 2016-09-19
Collaboration In A Hyperconnected World written by Hamideh Afsarmanesh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-19 with Business & Economics categories.
This book constitutes the refereed proceedings of the 17th IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2016, held in Porto, Portugal, in October 2016. The 57 revised papers were carefully reviewed and selected from 148 submissions. They provide a comprehensive overview of identified challenges and recent advances in various collaborative network (CN) domains and their applications, with a strong focus on the following areas: hyperconnected systems, managing data and knowledge, networked business processes, collective intelligence and decision making, creating supply and production networks, operating and management of networks, collaborative engineering, product services, intelligent product ecosystems, product personalization, service orientation, cloud technology aspects for VOs, design science research, business models in hyperconnected context, agribusiness value chain, and collaborative networks in circular economy.
China S Agricultural Trade Competitive Conditions And Effects On U S Exports
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Author :
language : en
Publisher: DIANE Publishing
Release Date :
China S Agricultural Trade Competitive Conditions And Effects On U S Exports written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Quality Competition In Supply Chain Networks With Applications To Information Asymmetry Product Differentiation Outsourcing And Supplier Selection
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Author : Dong Li
language : en
Publisher:
Release Date : 2015
Quality Competition In Supply Chain Networks With Applications To Information Asymmetry Product Differentiation Outsourcing And Supplier Selection written by Dong Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
The quality of the products produced and delivered in supply chain networks is essential for consumers' safety, well-being, and benefits, and for firms' profitability and reputation. However, because of the complexity of today's large-scale highly globalized supply chain networks, along with issues such as the growth in outsourcing and in global procurement, as well as the information asymmetry associated with quality, supply chain networks are more exposed to both domestic and international quality failures. In this dissertation, I contribute to the equilibrium and dynamic modeling and analysis of quality competition in supply chain networks under scenarios of information asymmetry, product differentiation, outsourcing, and under supplier selection. The first part of the dissertation consists of a review of the relevant literature, the research motivation, and an overview of methodologies. The second part of the dissertation formulates quality competition with minimum quality standards under the scenario of information asymmetry, specifically, when there is no product differentiation by brands or labels. In the third part, in contrast, quality competition is modeled under product differentiation, when firms engage in distinguishing their products from their competitors'. The fourth part concentrates on quality competition in supply chain networks with outsourcing. The models yield the optimal make-or-buy and contractor selection decisions for the firm(s) and the optimal pricing and quality decisions for the contractors. The impacts of firms' attitudes towards disrepute are also studied numerically. In the fifth part, a multitiered supply chain network model of quality competition with suppliers is developed. It consists of competing suppliers and competing firms who purchase components for the assembly of their products and, if capacity permits, produce their own components. The optimal supplier-selection decisions, optimal component production and quality, and the optimal quality preservation levels of the assembly processes are provided. Such issues as the values of the suppliers to the firms, the impacts of capacity disruptions, and the potential investments in capacity enhancements are explored numerically. The models and analysis in this dissertation can be applied to numerous industries, ranging from the food industry to the pharmaceutical industry, automobile industry, and to the high technology industry.
New Product Development
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Author : Sameer Kumar
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-10-28
New Product Development written by Sameer Kumar and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-28 with Technology & Engineering categories.
The challenge of managing a business enterprise today is to ensure that it can remain efficient and competitive in a dynamic marketplace characterized by high competition, unstable demands, heterogeneous market segments, and short product life cycles. Increasing the pace of new product introduction enables dealing with shorter product lives. To sustain competitiveness, a firm has to be innovative as well as quick to respond to the changing customer needs in order to provide better and faster products to market than competitors. New product development (NPD) is considered as a process of learning. Successful NPD projects typically rely on knowledge and experience of multi-function teams. In addition to corporate strategy and organization learning, the external factors such as, market and competitive conditions also play a big role in driving business strategies. The results from the empirical research study reported shows that companies implementing innovation strategy are more competitive in the long run while those that follow customer-responsive strategy are more likely to have higher return on investment within a shorter time. In order to achieve both sustainable competencies and also meet customer needs in the changing market environment today, a company should adapt to the benefits of both strategies.
Strategic Design Of B2b E Marketplace Business Models
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Author : Birgit Hartmann
language : en
Publisher: diplom.de
Release Date : 2001-04-04
Strategic Design Of B2b E Marketplace Business Models written by Birgit Hartmann and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-04-04 with Business & Economics categories.
Inhaltsangabe:Abstract: Due to the enormous analyst projections on worldwide B2B e-commerce, and additionally forced by the low barriers to entry, races to implement e-marketplaces have started since everyone was keen to get a share out of this large opportunity. However, as the recent e-marketplace shake-out demonstrated, many e-market makers have often concentrated on Internet Technology, forgetting that once it comes down to its base, e-business it not about bytes, but still about pure business. Often, the first-movers business models grounded on great ideas, but were not sustainable. e-Marketplaces base on complex business models that present key strategic issues which must be addressed prior to the creation and implementation of any technology infrastructure. With the help of the 10 Strategic Design Considerations Guideline for the creation of a B2B e-marketplace business model, the reader firms that are considering becoming e-market makers, and firms interested in participating in an e-marketplace as buyer, seller or service provider- should be able to formulate a complete e-market strategy for an e-marketplace initiative. The 10 key strategic steps to consider on the way to create the Business Model Design are as follows: 1. Market and Stakeholder Analysis: Which are the quantitative and qualitative attributes of the market: market segmentation, fragmentation of the sell-and buy-side, existing and competing industry channels, complexity of product/ process? Who are the buyers and sellers, service providers, transaction influencers and competing marketplaces? Who are the key stakeholders that are needed to gain critical mass for the marketplace? 2. e-Marketplace Models: What forms of eMarketplaces do exist? Which trend of model can be identified? Should the e-marketplace be proprietary or open? Which roles does an e-marketplace take? 3. Value Proposition: What does the marketplace offer the key players? How will this value proposition gain differentiation in the market? What value proposition will attract and retain those players? How will this value proposition evolve over time? 4. Key Parameters & Value-Added Services: Which technology capabilities and key functions are required to fulfill the offering and maintain the market? 5. Functional Architecture Model: How does the logical construct of the functional requirements look like? What is actually behind the platform? 6. Pricing Mechanism: How is price determined for items being [...]