2002
DOI: 10.2139/ssrn.485702
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Static and Dynamic Pricing of Excess Capacity in a Make-to-Order Environment

Abstract: Recent years have seen advances in research and management practice in the area of pricing, and particularly in dynamic pricing and revenue management. At the same time, researchers and managers have made dramatic improvements in production and supply chain management. The interactions between pricing and production/supply chain performance, however, are not as well understood. Can a firm benefit from knowing the status of the supply chain or production facility when making pricing decisions? How much can be g… Show more

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Cited by 9 publications
(6 citation statements)
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“…(4) It will be another interesting research direction if the selling prices of the products are incorporated as decision variables. Recently Hall et al (2009) have studied the pricing strategies of the excess capacity in an MTO environment. However, they have only considered a single final product, therefore extending our problem to consider the interactions between the prices‐dependent demands will be much more challenging.…”
Section: Summary and Future Research Directionsmentioning
confidence: 99%
“…(4) It will be another interesting research direction if the selling prices of the products are incorporated as decision variables. Recently Hall et al (2009) have studied the pricing strategies of the excess capacity in an MTO environment. However, they have only considered a single final product, therefore extending our problem to consider the interactions between the prices‐dependent demands will be much more challenging.…”
Section: Summary and Future Research Directionsmentioning
confidence: 99%
“…For example, in the current model we assume product prices are given exogenously; one could relax such an assumption by considering product pricing as part of a firm's decisions. This issue remains to be explored, and to this end, one might be able to draw from the pricing framework of Hall et al (2009) and Wang et al (2004). One could also consider introducing vertical competition in the channel by incorporating either an assembler at the downstream or suppliers at the upstream.…”
Section: Discussionmentioning
confidence: 99%
“…Thus, the DPS is actually a priority dispatching strategy when the 3PL's transportation capacity is limited. Priority pricing relates to the literature on pricing/queuing models defined by Hall et al (2009), literature that originates from the research on priority pricing in a queuing system. To the best of our knowledge, Kleinrock (1967) was the first to study priority queues in which the priorities are associated with prices paid by customers.…”
Section: Background Literaturementioning
confidence: 99%