Transshipment between competing retailers

IIE Transactions (Institute of Industrial Engineers)

Volumn 41, Issue 8, 2009, Pages 665-676

  Zhao, Xuan ^a   Atkins, Derek ^b  

^a WILFRID LAURIER UNIVERSITY   (Canada)

^b UNIVERSITY OF BRITISH COLUMBIA   (Canada)

Author keywords

Demand substitution; Equilibrium comparison; Price competition; Transshipment

Indexed keywords

COMPETITIVE MARKETS; EQUILIBRIUM COMPARISON; EXISTENCE AND UNIQUENESS; MARKET NEEDS; NASH EQUILIBRIUM; OPPORTUNITY COSTS; PRICE COMPETITION; RETAIL PRICE; SAFETY STOCK;

COMMERCE; COMPETITION; COSTS;

SALES;

EID: 70749116497     PISSN: 0740817X     EISSN: 15458830     Source Type: Journal    
DOI: 10.1080/07408170802702120     Document Type: Article

References (25)

1. Administration's Bill to Reauthorize the Surface Transportation Board. (1999) Available at http://www.dot.gov/affairs/1999/fra3099.htm (accessed April 2008).
2. Agrawal, V. and Seshadri, S. (2000) Impact of uncertainty and risk aversion on price and order quantity in the newsvendor problem. Manufacturing & Service Operations Management, 2(4) 410-423.
3. Atkins, R.D. and Zhao, X. (2009) On the modeling of demand spill for a linear stochastic demand system under competition. Operations Research Letters (forthcoming).
4. Boyaci, T. and Ray, S. (2004) Product differentiation and capacity cost interaction in time and price sensitive markets. Manufacturing & Service Operations Management, 5(1), 18-36.
5. Cachon. G.P. and Netessine, S. (2004) Game theory in supply chain analysis, in Handbook of Quantitative Supply Chain Analysis: Modeling in the eBusiness Era, Simchi-Levi, D., Wu, S. and Shen, Z. (eds), Kluwer.
6. Chod, J. and Rudi, N. (2006) Strategic investments, trading, and pricing under forecast updating. Management Science, 52(12), 1913-1929.
7. Granot, D. and Sosic, G. (2003) A three-stage model of a decentralized distribution system of retailers. Operations Research, 51 (5), 771-784.
8. Gullu, R., Van Houtum, G., Sargut, F.Z. and Erkip, N. (2005) Analysis of a decentralized supply chain under partial cooperation. Manufacturing & Service Operations Management, 7(3), 229-247.
9. Hill, S. (1998) I see a tall, dark man in Wal-Mart, looking for wide-leg jeans ... Apparel Industry Magazine, 59(8), 78-80.
10. Hopp,W. and Xu, X. (2008) A static approximation for dynamic demand substitution with applications in a competitive market. Operations Research 56(3), 630-645.
11. Kouvelis, P. and Gutierrez, G.J. (1997) The newsvendor problem in a global market: Optimal centralized and decentralized control policies for a two-market stochastic inventory system. Management Science, 43(5), 571-585.
12. Lippman, S.A. and McCardle, K.F. (1997) The competitive newsboy. Operations Research, 45, 54-65.
13. Mahajan, S. and Van Ryzin, G.J. (2001) Inventory competition under dynamic consumer choice. Operations Research, 49, 646-657.
14. Netessine, S. and Rudi, N. (2003) Centralized and competitive inventory models with demand substitution. Operations Research, 51, 329-335.
15. Ocean Common Carrier and Marine Terminal Operator Agreements. (2005) Available at http://www.fmc.gov/home/535OceanCommonCarrierandMarine TerminalOperatorAgreementsSubjecttotheShippingActof1984.asp#535-101 (accessed April 2008).
16. Parlar, M. (1988) Game theoretic analysis of the substitutable product inventory problem with random demands. Naval Research Logistics, 35, 397-409.
17. Petruzzi, N. and Dada, M. (1999) Pricing and the newsvendor problem: A review with extensions. Operations Research, 47, 183-194.
18. Rudi, N., Kapur, S. and Pyke, D. (2001) A two-location inventory model with transshipment and local decision making. Management Science, 47, 1668-1680.
19. Tierney, S. (2004) P&G has better news on stock-outs. Supply Chain Europe, 13(9), 28.
20. Ton, Z. (2002) The Role of Store Execution in Managing Product Availability, Harvard University Press, Cambridge, MA.
21. Tsay, A. and Agrawal, N. (2000) Channel dynamics under price and service competition. Manufacturing & Service Operations Management, 2 (4), 372-391.
22. Van Mieghem, J.A. (1999) Coordinating investment, production, and subcontracting. Management Science, 45, 954-971.
23. Verbeke, W., Farris, P. and Thurik, R. (1998) Consumer response to the preferred brand out-of-stock situation. European Journal of Marketing 32, 1008-1028.
24. Zhao, X. (2008) Coordinating a supply-chain system with retailers under both price and inventory competition. Production and Operations Management, 17(5), 532-542.
25. Zhao, X. and Atkins, D. (2008) Newsvendors under simultaneous price and inventory competition. Manufacturing and Service Operations Management, 10(3), 539-546.