973
Views
36
CrossRef citations to date
0
Altmetric
Articles

Pricing and promised delivery lead time decisions with a risk-averse agent

, &
Pages 3518-3537 | Received 27 Nov 2012, Accepted 26 Nov 2013, Published online: 02 Jan 2014

References

  • Ben-Daya, M., and M. Hariga. 2003. “Lead-time Reduction in a Stochastic Inventory System with Learning Consideration.” International Journal of Production Research 41 (3): 571–579.10.1080/00207540210158807
  • Biller, S., S. Meerkov, and C. Yan. 2013. “Raw Material Release Rates to Ensure Desired Production Lead Time in Bernoulli Serial Lines.” International Journal of Production Research 51 (14): 4349–4364.10.1080/00207543.2013.776191
  • Boyaci, T., and S. Ray. 2003. “Product Differentiation and Capacity Cost Interaction in Time and Price Sensitive Markets.” Manufacturing & Service Operations Management 5 (1): 18–36.10.1287/msom.5.1.18.12757
  • Cachon, G., and F. Zhang. 2006. “Procuring Fast Delivery: Sole Sourcing with Information Asymmetry.” Management Science 52 (6): 881–896.10.1287/mnsc.1060.0510
  • Chen, F., and A. Federgruen. 2000. Mean-variance Analysis of Basic Inventory Models. Working Paper. New York: Columbia University.
  • Chen, X., M. Sim, D. Simchi-Levi, and P. Sun. 2003. Risk Aversion in Inventory Management. Working Paper. Cambridge, MA: MIT.
  • Chen, Y., M. Xu, and Z. Zhang. 2009. “Technical Note – A Risk-averse Newsvendor Model under the CVaR Criterion.” Operations Research 57 (4): 1040–1044.10.1287/opre.1080.0603
  • Chiu, C. H., and T. M. Choi. 2010. “Optimal Pricing and Stocking Decisions for Newsvendor Problem with Value-at-risk Consideration.” IEEE Transactions on Systems, Man, and Cybernetics: Part A 40 (5): 1116–1119.
  • Choi, T. M., D. Li, and H. Yan. 2008. “Mean-variance Analysis of Newsvendor Problem.” IEEE Transactions on Systems, Man, and Cybernetics: Part A 38 (5): 1169–1180.
  • Gan, X., S. Sethi, and H. Yan. 2004. “Coordination of Supply Chains with Risk-averse Agents.” Production and Operations Management 13 (2): 135–149.
  • Gotoh, J., and Y. Takano. 2007. “Newsvendor Solutions via Conditional Value-at-risk Minimization.” European Journal of Operational Research 179 (1): 80–96.10.1016/j.ejor.2006.03.022
  • Hopp, W., and M. Spearman. 1993. “Setting Safety Leadtimes for Purchased Components in Assembly Systems.” IIE Transactions 25 (2): 2–11.10.1080/07408179308964272
  • Hsieh, C. C., and Y. T. Lu. 2010. “Manufacturer’s Return Policy in a Two-stage Supply Chain with Two Risk-averse Retailers and Random Demand.” European Journal of Operational Research 207 (1): 514–523.10.1016/j.ejor.2010.04.026
  • Jha, J., and K. Shanker. 2009. “A Single-vendor Single-buyer Production-inventory Model with Controllable Lead Time and Service Level Constraint for Decaying Items.” International Journal of Production Research 47 (24): 6875–6898.10.1080/00207540802398053
  • Jha, J., and K. Shanker. 2013. “A Coordinated Two-phase Approach for Operational Decisions with Vehicle Routing in a Single-vendor Multi-buyer System.” International Journal of Production Research 51 (5): 1426–1450.10.1080/00207543.2012.693962
  • Lau, H., and A. Lau. 1999. “Manufacturer’s Pricing Strategy and Return Policy for a Single-period Commodity.” European Journal of Operational Research 116 (2): 291–304.10.1016/S0377-2217(98)00123-4
  • Liang, D. H., G. Li, L. Y. Sun, X. Y. Sun, and J. Gao. 2012. “The Effect of Risk Aversion on Manufacturer Advertising in a Two-stage Supply Chain.” Transportation Journal 51 (1): 59–79.
  • Liu, L., M. Parlar, and S. Zhu. 2007. “Pricing and Lead Time Decisions in Decentralized Supply Chains.” Management Science 53 (5): 713–725.10.1287/mnsc.1060.0653
  • MacWilliams, G. 2001. “Lean Machine: How Dell Fine-tunes Its PC Pricing to Gain Edge in a Slow Market.” Wall Street Journal, June 8.
  • Palaka, K., S. Erlebacher, and D. Kropp. 1998. “Lead Time Setting, Capacity Utilization, and Pricing Decisions Under Lead Time Dependent Demand.” IIE Transactions 30 (2): 151–163.
  • Pan, Jason Chao-Hsien, and J. Yang. 2002. “A Study of an Integrated Inventory with Controllable Lead Time.” International Journal of Production Research 40 (5): 1263–1273.10.1080/00207540110105680
  • Rao, U., J. Swaminathan, and J. Zhang. 2005. “Demand and Production Management with Uniform Guaranteed Lead Time.” Production and Operations Management 14 (4): 400–412.
  • Ravindran, A. R., R. U. Ufuk Bilsel, V. Wadhwa, and T. Yang. 2010. “Risk Adjusted Multicriteria Supplier Selection Models with Applications.” International Journal of Production Research 48 (2): 405–424.10.1080/00207540903174940
  • Ray, S., and E. Jewkes. 2004. “Customer Lead Time Management When Both Demand and Price Are Lead Time Sensitive.” European Journal of Operational Research. 153 (3): 769–781.10.1016/S0377-2217(02)00655-0
  • Rockafellar, R., and S. Uryasev. 2000. “Optimization of Conditional Value-at-risk.” Journal of Risk 2 (3): 21–42.
  • Rockafellar, R., and S. Uryasev. 2002. “Conditional Value-at-risk for General Loss Distributions.” Journal of Banking & Finance 26 (7): 1443–1471.10.1016/S0378-4266(02)00271-6
  • Shang, W., and L. Liu. 2011. “Promised Delivery Time and Capacity Games in Time-based Competition.” Management Science 57 (3): 599–610.10.1287/mnsc.1100.1292
  • So, K. 2000. “Price and Time Competition for Service Delivery.” Manufacturing & Service Operations Management 2 (4): 392–409.10.1287/msom.2.4.392.12336
  • So, K., and J. Song. 1998. “Price, Delivery Time Guarantees and Capacity Selection.” European Journal of Operational Research 111 (1): 28–49.10.1016/S0377-2217(97)00314-7
  • Tapiero, C. S. 2005. “Value at Risk and Inventory Control.” European Journal of Operational Research 163 (3): 769–775.10.1016/j.ejor.2003.05.005
  • Tomlin, B., and Y. Wang. 2005. “On the Value of Mix Flexibility and Dual Sourcing in Unreliable Newsvendor Networks.” Manufacturing & Service Operations Management 7 (1): 37–57.10.1287/msom.1040.0063
  • Wei, Y., and T. M. Choi. 2010. “Mean-variance Analysis of Supply Chains Under Wholesale Pricing and Profit Sharing Schemes.” European Journal of Operational Research 204 (2): 225–262.
  • Wu, Z., B. Kazaz, S. Webster, and K. Yang. 2012. “Ordering, Pricing, and Lead-time Quotation under Lead-time and Demand Uncertainty.” Production and Operations Management 21 (3): 576–589.10.1111/poms.2012.21.issue-3
  • Yang, L., M. Xu, G. Yu, and H. Zhang. 2009. “Supply Chain Coordination with CVaR Criterion.” Asia-Pacific Journal of Operational Research 26 (1): 135–160.10.1142/S0217595909002109
  • Yano, C. 1987. “Setting Planned Leadtimes in Serial Production Systems with Tardiness Costs.” Management Science 33 (1): 95–106.10.1287/mnsc.33.1.95
  • Yi, H., and B. Sarker. 2013. “An Optimal Consignment Stock Production and Replenishment Policy with Controllable Lead Time.” International Journal of Production Research 51 (21): 6316–6335.10.1080/00207543.2013.795668
  • Zhao, X., K. Stecke, and A. Prasad. 2012. “Lead Time and Price Quotation Mode Selection: Uniform or Differentiated?” Production and Operations Management 21 (1): 177–193.10.1111/poms.2011.21.issue-1

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.