Dynamic Price and Quantity Postponement Strategies

Dynamic Price and Quantity Postponement Strategies

This paper studies duopolistic competition under dynamic price and production quantity postponement for two differentiable products, which share common components from one supplier at a certain degree of substitution. Both price and quantity postponement is benchmarked according to the Bertrand and Cournot Stackelberg game. In addition, system dynamic is applied to show the long term effect of ...

Developing Competitive Price and Production Postponement Strategies

Yohanes Kristianto PhD student, University of Vaasa [email protected]/ This paper focuses on duopolistic competition under price and production postponement for two differentiable products that share component commonality. Both price and production postponement are benchmarked in order to investigate the component commonality effect on profit and also their appropriateness in different competitio...

Price Versus Production Postponement: Capacity and Competition

This article presents a comparative analysis of possible postponement strategies in a two-stage decision model where firms make three decisions: capacity investment, production (inventory) quantity, and price. Typically, investments are made while the demand curve is uncertain. The strategies differ in the timing of the operational decisions relative to the realization of uncertainty. We show h...

Postponement Strategies for Channel Derivatives

facing the supply chain challenges of product proliferation [1]. For global firms, specific local requirements such as language, conventions, and government regulations mean that any single product must have multiple product derivatives. In the U.S., market segmentation by business and consumer channels, price, and feature set further increase product variety. For example, consumer electronics ...

Postponement Strategies for Pharmaceutical Supply Chain