A note on optimal price, warranty length and production rate for free replacement policy in static demand markets

A note on optimal price, warranty length and production rate for free replacement policy in static demand markets

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Article ID: iaor20123130
Volume: 40
Issue: 6
Start Page Number: 805
End Page Number: 806
Publication Date: Dec 2012
Journal: Omega
Authors: ,
Keywords: retailing
Abstract:

This note provides some extensions on optimal policies on price, warranty length and production rate proposed by Wu et al. (2009). More specifically, the assumptions of the original paper is extended in this note from the production rate being positive and the second derivative of the demand function with respect to price and warranty‐length being negative to no restrictions on both.

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