This paper studies a manufacturer that sells to a newsvendor retailer who can improve the quality of her demand information by exerting costly forecasting effort. In such a setting, contracts play two roles: providing incentives to influence the retailer's forecasting decision, and eliciting information obtained by forecasting to inform production decisions. We focus on two forms of contracts t...

this paper develops a closed-loop supply chain including one manufacturer, one retailer and a third party, in which the manufacturer produces a product under appropriate quality and sells it through a retailer in the market. the retailer pays the expense of marketing effort and a third party collects the used products from consumers and sends to the manufacturer. the manufacturer remanufactures...

We estimate whether consumers respond to local energy costs when purchasing appliances. Using a dataset from an appliance retailer, we compare demand responsiveness measure of that varies with prices versus purchase prices. cannot reject lifetime in the same way they under wide range assumptions. These findings run counter popular wisdom, which motivates standards, are systematically undervalue...

The paper provides a framework to help the weak retailer delineate the circumstances that allow him to benefit from an alliance between the dominant retailer and the common manufacturer. We use a game-theoretic model to determine the optimal pricing and service strategies when channel members act independently then when the dominant retailer forms an alliance with the manufacturer. We find that...

Retail business is characterized by different business models: pure-play model and dual channel approach, which uses both physical and online channels to reach customers. There is conflicting evidence regarding the relative value of these business models to the consumers. We take a market valuation approach to evaluate the relative merits of both business models. We consider a panel of publicly...

This paper considers vertical relations between an upstream manufacturer and a downstream retailer that can independently obtain a low-quality, discount substitute. The analysis reveals that under full information the retailer offers both varieties only if it is optimal to do so under vertical integration. However, when the retailer is privately informed about demand, then the retailer will off...

This article analyzes a supply chain management system (SCM), with two echelons. We consider a perishable inventory with Poisson demand, exponential life time and positive lead time at distribution center (DC) and retailer. Partial backlogging at retailer node is assumed with limited quantity. (s, S) policy at retailer and (M-1, M) policy at DC are assumed to get a tractable analytic solution. ...

Supply chain coordination has received substantial attention in the operations literature in recent years. Coordination issues in supply chains arise due to several factors, an important one being the difference in the cost impact of inventory and replenishment decisions on the manufacturer and retailer. In this paper, we address this asymmetry in cost impact that can lead to sub-optimal channe...

The Ukraine war has increased coal and gas prices during 2022. Consequently, spot in Australia's National Electricity Market rose from $75 to $225/MWh, year-on-year. Households are shielded prices, but as energy retailer hedge contracts mature, they replaced by higher cost contracts, end-use retail tariffs will then rise. In this article, fuel poverty levels Queensland analysed. Model results f...