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  • Lode Li
  • Make-to-Order Vs, Make-to-Stock: The Role of Inventory in Delivery-Time Competition (Classic Reprint) 

    Dieser Artikel gilt, aufgrund seiner Grösse, beim Versand als 2 Artikel!

    Lieferstatus:   i.d.R. innert 5-10 Tagen versandfertig
    Veröffentlichung:  August 2015  
    Genre:  Wirtschaft / Recht 
    ISBN:  9781332268641 
    Verlag:  Forgotten Books 
    Einband:  Kartoniert  
    Sprache:  English  
    Dimensionen:  H 229 mm / B 152 mm / D 2 mm 
    Gewicht:  67 gr 
    Seiten:  38 
    Zus. Info:  23:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on White w/Gloss Lam 
    Bewertung: Titel bewerten / Meinung schreiben
    Excerpt from Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition The paper formulates a set of stochastic models to study the production and inventory policies of a firm that considers explicitly the behavior of customers and competing firms. We start with a single firm production control problem. The optimal policy is solved explicitly, and the optimal mix between make-to-order and make-to-stock operations is determined with customers characterized by patience levels in a simple newsboy-like formula. The model is then extended to a n-firm market game in which firms compete for orders in the aspect of early delivery. One could think of this setting as an oligopoly racing market. The analysis shows that competition can breed a demand for produce-to-stock, just as other economic phenomena such as economics of scale, uncertainty, or seasonality can induce production to inventory, and that competition of this kind increases the buyer's welfare while decreases the producer's welfare. The paper also suggests the analytical and numerical methods which can compute an equilibrium of the stocking game. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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