arrow
返回

Optimal Returns Policy under Demand Uncertainty

delete2010-06-01
delete31
PRE
AI
H
Haresh Gurnani *
A
Arun Sharma
D
Dhruv Grewal
DOI:10.1016/j.jretai.2010.02.001delete
delete原文链接
delete原文求助
delete分享
delete收藏
摘要

摘要

En 中文
Multiple categories of retail products suffer limited shelf life, demand uncertainty, and, in some cases, long lead times. To provide retailers with an incentive to increase the stocking quantity of such products, manufacturers may offer an option to return unsold items at wholesale or less than wholesale prices. This article extends the additive price-dependent demand model in three ways. First, partial returns are optimal for the manufacturer but do not induce higher stocking quantities compared with when the manufacturer offers no returns. Second, in terms of the effect of investment in demand-enhancing activities, when retailers invest, they set higher resale prices, but an optimal partial returns policy still does not induce higher stocking quantity, whereas when manufacturers invest, the optimal returns policy induces higher stocking quantity. Third, when the manufacturer and retailer have different expectations of demand uncertainty, the retailer's estimate influences the expected profits for both, whereas the manufacturer's estimate has a major impact on its profits only. (C) 2010 New York University. Published by Elsevier Inc. All rights reserved.
Keyword:
Retailing
Pricing
Returns
Selling effort
Quality/brand building investment
AI总结

AI总结

对已上传原文的论文进行重点信息的提取,主要内容包括:简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。

期刊

Journal of Retailing 封面图
Journal of Retailing
IF:
10.2
论文数:
1.2K
被引数:
9.2K

机构

B
Babson College
学者数:
306
论文数: 519
被引数: 1.5K
U
university of miami
学者数:
3.4W
论文数: 2.6W
被引数: 32
引用论文

引用论文

Pharmacokinetics of propofol administered by continuous infusion in patients with cirrhosis
err2007-02-22
err0
errOAAI
errF. SERVIN; J. M. DESMONTS; R. FARINOTTI; J. P. HABERER; C. WTNCKLER
err分享
err收藏
err分享
err收藏
Retailer Pricing and Competitive Effects
err2009-03-01
err97
PREAI
errKopalle, Praveen; Biswas, Dipayan; Chintagunta, Pradeep K.; Fan, Jia; Pauwels, Koen; Ratchford, Brian T.; Sills, James A.
err分享
err收藏
Inflammatory bowel disease in children
err1995-10-01
err0
PREAI
errDaniel von Allmen; Michael j. Goretsky; Moritz M. Ziegler
err分享
err收藏
Impact of starting material (fresh versus cryopreserved marrow) on mesenchymal stem cell culture
err2017-06-26
err0
PREAI
errAlesia Kaplan; Katie Sackett; Darin Sumstad; Dianne Kadidlo; David H. McKenna
err分享
err收藏
Emerging trends in retail pricing practice: implications for research
err2004-01-01
err120
errOAAI
errLevy, M; Grewal, D; Kopalle, PK; Hess, JD
err分享
err收藏
学者 查看更多内容