Fair and profitable: How pricing and lead-time quotation policies can help

Ordering, Pricing, and Lead-Time Quotation Under Lead-Time and Demand Uncertainty

I n this article, we study the newsvendor problem with endogenous setting of price and quoted lead-time. This problem can be observed in situations where a firm orders semi-finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead-time required for customization are un...

Dynamic Pricing and Lead-Time Quotation for a Multiclass Make-to-Order Queue

This paper considers a profit maximizing make-to-order manufacturer that offers multiple products to a market of price and delay sensitive users, using a model that captures three aspects of particular interest: first, the joint use of dynamic pricing and leadtime quotation controls to manage demand; second, the presence of a dual sourcing mode that can expedite orders at a cost; and third, the...

How Food Industries Can Help in Preventing Childhood Obesity and Metabolic Syndrome?

Scheduling and Reliable Lead-Time Quotation for Orders with Availability Intervals and Lead-Time Sensitive Revenues

Pinar Keskinocak • R. Ravi • Sridhar Tayur School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia 30332-0205 Graduate School of Industrial Administration, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213 Graduate School of Industrial Administration, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213 [email protected] • [email protected] ...

Inventory positioning, scheduling and lead-time quotation in supply chains

We consider supply chain networks composed of several centrally managed production facilities as well as external suppliers. We design effective heuristics for inventory positioning, order sequencing, and short and reliable due-date quotation for this supply chain. We perform extensive computational testing to assess the effectiveness of our algorithms, and we explore the impact of supply chain...