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117
Selling with Money-Back Guarantees: The Impact on Prices, Quantities, and Retail Profitability
"... In this paper, we consider a retailer adopting a “money-back-guaranteed ” (MBG) sales policy, which allows customers to return products that do not meet their expectations back to the retailer for a full or partial refund. We use a two-stage optimization model, maximizing the retailer’s profits, in ..."
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In this paper, we consider a retailer adopting a “money-back-guaranteed ” (MBG) sales policy, which allows customers to return products that do not meet their expectations back to the retailer for a full or partial refund. We use a two-stage optimization model, maximizing the retailer’s profits
Agricultural Credit Problems and Policies During the Transition to a Market Economy in Central and Eastern Europe’. Food Policy 24
, 1999
"... This paper assesses the problems of financing Central and Eastern European agriculture during the present transitionary period and the role of government in this process. Initially the paper looks at why credit markets work imperfectly, even in well developed market economies, focusing on problems r ..."
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Cited by 34 (9 self)
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This paper assesses the problems of financing Central and Eastern European agriculture during the present transitionary period and the role of government in this process. Initially the paper looks at why credit markets work imperfectly, even in well developed market economies, focusing on problems
The Optimal Cycle Time for EPQ Inventory Model of Deteriorating Items under Trade Credit Financing in the Fuzzy Sense
, 2010
"... Normally, the real-world inventory control problems are imprecisely defined and human interventions are often required to solve these decision-making problems. In this paper, a realistic inventory model with imprecise inventory costs have been formulated for deteriorating items under trade credit p ..."
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Cited by 1 (0 self)
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policy within the economic production quantity (EPQ) framework. We assume that the supplier would offer the retailer a delay period and the retailer also adopts the trade credit policy to stimulate his/her customer demand to develop the retailer's replenishment model for deteriorating items under
Alternative Forms of External Finance: A Survey
- The World Bank Research Observer, Volume 8, Number
, 1993
"... For many developing countries, alternative forms of external finance—all forms of finance that are not guaranteed by or mediated through the public sector— have become increasingly important as traditional financing to the public sector has ebbed. Yet a survey of the literature reveals few recent an ..."
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Cited by 1 (0 self)
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For many developing countries, alternative forms of external finance—all forms of finance that are not guaranteed by or mediated through the public sector— have become increasingly important as traditional financing to the public sector has ebbed. Yet a survey of the literature reveals few recent
Capital Structure as a Strategic Variable: Evidence from Collective Bargaining
, 2006
"... Market power in the hands of a supplier — such as a labor union — affects a firm’s optimal debt policy. If a firm maintains a high level of liquidity, workers may be encouraged to raise wage demands. In the presence of external finance constraints, a firm has an incentive to use the cash flow demand ..."
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Cited by 40 (5 self)
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Market power in the hands of a supplier — such as a labor union — affects a firm’s optimal debt policy. If a firm maintains a high level of liquidity, workers may be encouraged to raise wage demands. In the presence of external finance constraints, a firm has an incentive to use the cash flow
Stock wars: Inventory competition in a two-echelon supply chain with multiple retailers
- Operations Research
, 2001
"... This paper studies the competitive and cooperative selection of inventory policies in a two-echelon supply chain with one supplier and N retailers. Stochastic demand is monitored continuously. Retailers incur inventory holding and backorder penalty costs. The supplier incurs holding costs for its in ..."
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Cited by 39 (3 self)
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, and change control. A set of contracts is provided that changes the firms ’ incentives so that the optimal policy is a Nash equilibrium. An equilibrium change can improve performance but does not guarantee optimal performance. To change control, the firms let the supplier choose all reorder points, a key
Integrating Spot and Futures Commodity Markets in the Optimal Procurement Policy of an Assemble-to-Order Manufacturer
, 2004
"... This is a preliminary draft, and it is subject to revision. Please do not reproduce and distribute. Manufactures often rely on different types of long term contracts with established suppliers to procure goods often involving delivery lead times; however, the emergence of online B2B mar-kets provide ..."
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Cited by 4 (0 self)
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This is a preliminary draft, and it is subject to revision. Please do not reproduce and distribute. Manufactures often rely on different types of long term contracts with established suppliers to procure goods often involving delivery lead times; however, the emergence of online B2B mar
Competing for Customer Goodwill on Product Availability
"... We develop a newsvendor model of two suppliers that compete to sell the same type of items to a customer, repetitively, in discrete periods, for an infinite time horizon. At the beginning of each period, each supplier orders a number of items which he receives immediately. In each period, the custom ..."
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policies for both suppliers at equilibrium as a stochastic dynamic game, and we numerically solve the resulting optimality conditions for several instances of this problem. In all instances, the optimal ordering policy for each supplier turns out to be an “order-up-to ” policy. Key words: inventory theory
The Swedish pension reform model: Framework and issues, The World Bank SP Discussion Paper No. 0012
, 2000
"... This paper describes the recent Swedish reform and available options on major issues within this reform framework. In June 1994, Sweden’s Parliament passed legislation replacing the old defined benefit system with a combination of a pay-as-you-go notional defined contribution (NDC) and a DC privatel ..."
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Cited by 44 (3 self)
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at this age, benefits from these systems will be supplemented up to the guarantee level, determined by Parliament and financed with a state budget transfer. This reflects the fact that the PAYG NDC and financial account schemes are designed to function autonomously from social policy. Life expectancy
Independence of Capacity Ordering and Financial Subsidies to Risky Suppliers ∗
, 2006
"... The risk of supply disruptions due to suppliers ’ financial problems plays a prominent role in manufacturers ’ risk portfolios. Even large suppliers (e.g. Delphi) could file for bankruptcy, and manufacturer’s actions, such as financial subsidies to the suppliers, affect profoundly suppliers’ financi ..."
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Cited by 10 (0 self)
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’ financial health. Using a dynamic, stochastic, periodic-review model of the manufacturer’s joint capacity reservation and financial subsidy decisions and a firm-value model of the supplier’s financial state, this paper addresses the following questions: What is the optimal joint capacity ordering
Results 11 - 20
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117