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Quantifying supply chain ineffectiveness under uncoordinated pricing decisions. (English) Zbl 1138.90410

Summary: 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.

MSC:

90B50 Management decision making, including multiple objectives
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References:

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