This article surveys academic research on price optimization models in which inventory replenishment plays a critical role. The emphasis is on integrated production/inventory and …
We examine historical banking crises through the lens of bank equity declines, which cover a broad sample of episodes of banking distress with and without banking panics. To do this …
Behavioral operations is now an established and fundamental research field dedicated to understanding how the behavior of managers, workers, and customers influences …
Problem definition: We study the adherence to the recommendations of a decision support system (DSS) for clearance markdowns at Zara, the Spanish fast fashion retailer. Our focus …
Understanding the determinants of consumers' willingness to pay (WTP) is an important challenge especially for practitioners. This study evaluates the effect of external information …
R Li, JT Teng - European Journal of Operational Research, 2018 - Elsevier
Price is an important factor affecting demand rate based on economic and marketing theory. In addition, today's health-conscious consumers prefer a product further from its expiration …
Marketing and consumer behavior literature has empirically demonstrated that reference prices play a critical role in customer purchase decisions. In this paper, we propose a joint …
K Chen, Y Zha, LC Alwan, L Zhang - International Journal of …, 2020 - Taylor & Francis
This paper presents a model for designing two-stage dynamic pricing strategies when the seller faces strategic consumers in the presence of a reference price effect. The consumers …
A Hendalianpour - Computers & Industrial Engineering, 2020 - Elsevier
Industrial supply chain management is facing major challenges associated with supplying perishable products, particularly healthy and high-quality foods with a limited shelf-life that …