Although innovation sharing between a buyer and a supplier—a common practice in the automotive industry—can increase the efficiency and total profit of a supply chain, suppliers are often reluc…
Problem definition: Reward points function as a new currency that consumers can spend on products and services. We study how point redemption affects the seller’s day-to-day pricing and inventory…
Decisions regarding new products are often difficult to make, and mistakes can have grave consequences for a firm’s bottom line. Often, firms lack important information about a new product, such …
Problem definition: Giving out a symbolic “supplier of the year” or “outstanding supplier” award can be beneficial for a buyer as it may incentivize a supplier to exert higher efforts. Howe…
We extend the classical asset-selling problem to include debt repayment obligation, selling capacity constraint, and Markov price evolution. Specifically, we consider the problem of selling a divis…