Warranty is now an integral part of each product. Since its length is directly related to the cost of production, it should be set in such a way that it would maximize revenue generation and customers’ satisfaction. Furthermore, based on the behavior of customers, it is assumed that increasing the warranty period to earn the trust of more customers leads to more sales until the market is sat...

In this paper we study the optimal sourcing decisions of a multi-product newsvendor prior to the selling season of the products. To satisfy the uncertain demands, the newsvendor can either utilize speculative production, or anticipatively reserve capacity. During the selling season when demand has become known, the newsvendor can utilize its reserved capacity and reactively satisfy demand uncov...

Background & Aim: Medicinal Plants of the raw materials necessary for the manufacturing industry provides, One of the main products of the country are, On the other hand, the villages, the economic development, the central role, the key is unmatched, To achieve this must be provided opportunities to increase revenue in villages, And one of these occasions, in the province of Charmahal-o-bakhtiy...

In this paper we ask when will a firm earn more profits from selling the attention of its customers to advertisers than from selling the underlying product itself. In other words, when will a firm become an advertising " medium " ? We investigate this decision as a function of the intensity and nature of competition. We show that regardless of inherent product value to customers, when the firm ...

This paper develops a pricing and inventory model of a supply chain composing one supplier and two manufacturers in which the supplier sells its product to two competing manufacturers. Each manufacturer faces a deterministic demand that depends on his/her own and the other competitor sale price. Selling price for the supplier is time dependent and increment function.Both amelioration and deteri...