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Name-your-own-price (NYOP) is a successful business model for high timeliness commodity. Consumers care not only price of commodity, but also the utility of commodity which much more attributes of commodity offer to consumers in addition to price. The researches on NYOP have studied the optimal game strategies about the buyer and sellers based on the price. Different from the existing literature,...
Business modes have been changing our life with more application of Internet in supply-chain/logistics distribution system. This paper investigates two inventory-decision models of a two-echelon dual-channel distribution system consists of a manufacturer with an Internet-enabled channel at the top echelon and a retailer store at the bottom echelon. Firstly, the joint production and pricing decisions...
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