Article ID: | iaor2009317 |
Country: | Netherlands |
Volume: | 36 |
Issue: | 1 |
Start Page Number: | 83 |
End Page Number: | 88 |
Publication Date: | Jan 2008 |
Journal: | Operations Research Letters |
Authors: | Li Chung-Lun |
Keywords: | measurement |
We analyze a multiple-stage supply chain model of a seasonal product with pricing decisions. We develop closed-form expressions for the optimal expected profits of different stages. The results enable us to quantify the loss of supply chain profits if uncoordinated pricing decisions are made by supply chain agents.