Dual-Channel Supply Chain
With the introduction of the Internet, firms can introduce a web-based channel to sell products directly to the consumers and this channel competes directly with the traditional channel: retailer stores. The research aims to study the outcomes of the competition under demand uncertainty and how to maximize the total supply chain profit. The coordination mechanism between the channels is analyzed and proposed.
Rental Service Operations
By using the on-line historical customer information, the rental service can learn the behavior of each customer. The behavior of customers, such as rental duration, is used by the firm to better manage the rental service operation. The research aims to find dynamic optimal allocation policy to allocate limited rental items, such as DVDs, among customers classified by rental duration under the fixed-price scheme.