Pricing and lead time decisions for make-to-order firms with contingent orders
Article Abstract:
The pricing of goods offered by made-to-order (MTO) firms is incorporated in the bids they submit to their prospective clients. The bases for such pricing includes the MTO firms' resource requirements and manufacturing costs. However, MTO firms that fail to win in the bidding process risk financial loss from the unused production capacity it prepared for the project. MTO firms can increase the likelihood of winning a project by offering reduced manufacturing and delivery time on the products. They may also reduce their risks by simultaneously bidding for similar projects.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Coordination of pricing and multi-period production for constant priced goods
Article Abstract:
A strategy was developed to simultaneously determine a single pricing and production schedule for companies producing products that have seasonal demand or that have contracts to produce products for a length of time at a single price. The strategy involves a multiplicative model of seasonality that assumes that intensity of demand declines in the price while price decreases in the strength of demand. The method also enables the identification of cost function and the assessment of the profit of products with seasonality factors still unidentified.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
A note on YoshidaEs optimal stopping model for option pricing
Article Abstract:
A critical evaluation of optimal stopping model, used by Yoshida for option pricing is presented.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The effect of remanufacturing on procurement decisions for resellers in secondary markets. Operationalizing technology improvements in product development decision-making
- Abstracts: Modelling and optimisation for sustainable development policy assessment. On the distribution of calls in an wireless network driven by fluid traffic
- Abstracts: Price-directive decomposition applied to routing in telecommunication networks. Maximal covering code multiplexing access telecommunication networks
- Abstracts: The dimension for the European Union Council under the nice rules. The distribution problem, the more for less (nothing) paradox and economies of scale and scope
- Abstracts: Aon and CSC bundle HRO solutions. Atos Consulting sees alliance opportunities. Developing and sharing thought leadership