Sale signs increase demand. The apparent effectiveness of this simple strategy is surprising; sale signs are inexpensive to produce and stores generally make no commitment when using them. As a result, they can be placed on any products, and as many products, as stores prefer. If stores can place sale signs on any or all of their products, why are they effective? We offer an explanation for the...

This research deals with a production-inventory problem consisting of three-stage tree-type singleproducer multi-distributor and multi-retailer supply chain network where a model has been developed for achieving the lowest total cost for operating a supply chain system with allowable shortage. In this research, the shortage is assumed to occur in a form of backorder. The refrigerator manufactur...

To encourage home ownership, the United States tax code treats the financing and sale of housing differently from most other goods. For example, the interest payments on your home mortgage and your property taxes are deduct-ible from your federal income taxes while the interest on your credit card bill for your vacation to Paris is not. Furthermore, the profit you make on the sale of your house...

The purpose of this paper is to catch a glimpse of the theoretical subject of club business management by analyzing ticket sale. Now, ticket sale has made little increase globally. When a club manager has a short view, he will regard relatively the ticket market as the market maturization. The club manager will not concentrate his attention on ticket sale in which he cannnot desire big sales. O...

We consider two reverse logistics systems where returned products are as good as new. For the first system, the product return flow is independent of the demand flow.We prove that the optimal policy is of base-stock type and we establish monotonicity results for the optimal base-stock levels, with respect to the system parameters (arrival rate, production rate, return rate, production cost, los...

Currently, a large number of electronic transactions are performed with credit or debit cards at terminals located in merchant stores, such as Point of Sale Devices. The success of this form of payment, however, has an associated cost due to the management and maintenance of the many equipments from different generations and manufacturers. In particular, there is an important cost related to th...

In today’s business transactions, it is frequently observed that a customer is allowed some grace period (permissible delay in payment) before settling the account with the supplier or producer. This policy is advantageous both for the supplier and customer since supplier attracts more customers and customer does not have to pay any interest during this fixed period either. In this paper, the r...