india has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in india are the wholesale price index (Wpi) and the consumer price index (cpi). Although the Wpi has traditionally been the most widely used measure for assessing ...

ASSOCIE A :. Institut de Finance Mathématique de Montréal (IFM 2). Laboratoires universitaires Bell Canada. Réseau de calcul et de modélisation mathématique [RCM 2 ]. Réseau de centres d'excellence MITACS (Les mathématiques des technologies de l'information et des systèmes complexes) Les cahiers de la série scientifique (CS) visent à rendre accessibles des résultats de recherche effectuée au CI...

We show that when a supply channel is capacity-constrained and the constraint is tight, there is a set of linear wholesale price contracts that coordinates the channel while allowing the supplier to make a profit. We prove this for the one-supplier/one-newsvendor supply channel as well as the many-supplier/one-newsvendor channel configuration (with each supplier selling a unique product). We an...

In this paper, we show that under certain conditions, strategic decentralization through the addition of a retailer in the distribution channel can increase a manufacturer’s profits. The specific case on which we focus is the quantity coordination (double marginalization) problem for a manufacturer selling durable goods in a two-period setting. We show that the standard solution that coordinate...

This paper is concerned with confidentiality of vertical information sharing in a supply chain consisting of one manufacturer in the upstream and two or more retailers in the downstream engaging in a Bertrand competition. Each retailer has some private information about the uncertain demand and may choose to disclose it to the manufacturer with or with out a confidentiality agreement. We consid...

Inventory inaccuracies are costly and prevalent in many industries. This paper focuses on the impact of RFID technology adoption on supply chain decisions with shrinkage and misplacement problems in the Internet of Thing (IoT). We assume that the supply chain consists of one supplier and one retailer that sell a single product to the customer. By assuming that demand is uniformly distributed, a...

Recently, price contract models between suppliers and retailers, with stochastic demand have been analyzed based on well-known newsvendor problems. In Bernstein and Federgruen [6], they have analyzed a contract model with single supplier and multiples retailers and price dependent demand, where retailers compete on retail prices. Each retailer decides a number of products he procures from the s...

Commodity storage-assets can be either physical storage-facilities, or contracts guaranteeing their use. Merchants employ them to support their commodity-trading activities in wholesale markets, which are characterized by notoriously volatile prices. Managing a storage asset requires determining an inventory-management policy, which, given a realization of the commodity price, consists of choos...

I competitive wholesale electricity markets, regulated load-serving entities (LSEs) and marketers with default service contracts have obligations to serve fluctuating load at predetermined fixed prices while meeting their obligation through combinations of long-term contracts, wholesale purchases, and self-generation that are subject to volatile prices or opportunity cost. Hence, their net prof...

This paper examines the effect of the MFC rules adopted by Medicaid on both price dispersion and price levels in the wholesale pharmaceutical market. Theory suggests we should see less dispersion in products with more ex ante price dispersion. Using data which can only measure some dimensions of price discrimination, I find that these types of discrimination fall for products sold to hospitals,...