Matches in SemOpenAlex for { <https://semopenalex.org/work/W1972475790> ?p ?o ?g. }
- W1972475790 endingPage "252" @default.
- W1972475790 startingPage "236" @default.
- W1972475790 abstract "Installed base management is the policy in which the manufacturer leases the product to consumers, and bundles repair and maintenance services along with the product. In this article, we investigate for the optimal leasing price and leasing duration decisions by a monopolist when the production and servicing capacity are constrained. The effect of diffusion of consumers in the installed base is considered, with the ownership of the product resting with the monopolist during the product lifecycle. The monopolist operating the installed base jointly optimizes the profits from leasing the product/service bundle along with maintenance revenues and remanufacturing savings. We formulate the manufacturer's problem as an optimal control problem and show that the optimal pricing strategy of the firm should be a skimming strategy. We also find that the effect of remanufacturing savings on the pricing decision and the length of the leasing duration changes significantly depending on the duration of the product's lifecycle. If the product lifecycle is long and remanufacturing savings are low, the firm should offer a shorter leasing duration, whereas if the remanufacturing savings are high, the firm should optimally offer a higher leasing duration. In contrast, if the time duration of the product lifecycle is low and remanufacturing savings are low, the firm prefers to offer a shorter leasing duration, whereas if the remanufacturing savings are high, the firm should optimally have a longer leasing duration. The article also shows that if the production capacity is small, the manufacturer increases the leasing duration. If the production capacity is very small, the manufacturer sets the leasing duration to be equal to the product lifecycle and does not use remanufacturing." @default.
- W1972475790 created "2016-06-24" @default.
- W1972475790 creator A5063058326 @default.
- W1972475790 creator A5079148892 @default.
- W1972475790 creator A5086092354 @default.
- W1972475790 date "2011-10-04" @default.
- W1972475790 modified "2023-10-16" @default.
- W1972475790 title "Lifecycle Pricing for Installed Base Management with Constrained Capacity and Remanufacturing" @default.
- W1972475790 cites W1970673888 @default.
- W1972475790 cites W2003455053 @default.
- W1972475790 cites W2004253230 @default.
- W1972475790 cites W2036941585 @default.
- W1972475790 cites W2037394443 @default.
- W1972475790 cites W2046282533 @default.
- W1972475790 cites W2052271490 @default.
- W1972475790 cites W2082769772 @default.
- W1972475790 cites W2101288668 @default.
- W1972475790 cites W2104980860 @default.
- W1972475790 cites W2105324753 @default.
- W1972475790 cites W2127569090 @default.
- W1972475790 cites W2128678464 @default.
- W1972475790 cites W2164980597 @default.
- W1972475790 cites W2168171605 @default.
- W1972475790 cites W3124615980 @default.
- W1972475790 cites W4232880502 @default.
- W1972475790 cites W4240920800 @default.
- W1972475790 doi "https://doi.org/10.1111/j.1937-5956.2011.001262.x" @default.
- W1972475790 hasPublicationYear "2011" @default.
- W1972475790 type Work @default.
- W1972475790 sameAs 1972475790 @default.
- W1972475790 citedByCount "32" @default.
- W1972475790 countsByYear W19724757902012 @default.
- W1972475790 countsByYear W19724757902013 @default.
- W1972475790 countsByYear W19724757902014 @default.
- W1972475790 countsByYear W19724757902015 @default.
- W1972475790 countsByYear W19724757902016 @default.
- W1972475790 countsByYear W19724757902018 @default.
- W1972475790 countsByYear W19724757902019 @default.
- W1972475790 countsByYear W19724757902020 @default.
- W1972475790 countsByYear W19724757902021 @default.
- W1972475790 countsByYear W19724757902022 @default.
- W1972475790 countsByYear W19724757902023 @default.
- W1972475790 crossrefType "journal-article" @default.
- W1972475790 hasAuthorship W1972475790A5063058326 @default.
- W1972475790 hasAuthorship W1972475790A5079148892 @default.
- W1972475790 hasAuthorship W1972475790A5086092354 @default.
- W1972475790 hasBestOaLocation W19724757902 @default.
- W1972475790 hasConcept C10138342 @default.
- W1972475790 hasConcept C112758219 @default.
- W1972475790 hasConcept C117671659 @default.
- W1972475790 hasConcept C124952713 @default.
- W1972475790 hasConcept C127413603 @default.
- W1972475790 hasConcept C142362112 @default.
- W1972475790 hasConcept C144133560 @default.
- W1972475790 hasConcept C162324750 @default.
- W1972475790 hasConcept C162853370 @default.
- W1972475790 hasConcept C175444787 @default.
- W1972475790 hasConcept C19351080 @default.
- W1972475790 hasConcept C194304873 @default.
- W1972475790 hasConcept C195487862 @default.
- W1972475790 hasConcept C21547014 @default.
- W1972475790 hasConcept C2524010 @default.
- W1972475790 hasConcept C2778348673 @default.
- W1972475790 hasConcept C2778738845 @default.
- W1972475790 hasConcept C2780378061 @default.
- W1972475790 hasConcept C33923547 @default.
- W1972475790 hasConcept C40700 @default.
- W1972475790 hasConcept C90673727 @default.
- W1972475790 hasConceptScore W1972475790C10138342 @default.
- W1972475790 hasConceptScore W1972475790C112758219 @default.
- W1972475790 hasConceptScore W1972475790C117671659 @default.
- W1972475790 hasConceptScore W1972475790C124952713 @default.
- W1972475790 hasConceptScore W1972475790C127413603 @default.
- W1972475790 hasConceptScore W1972475790C142362112 @default.
- W1972475790 hasConceptScore W1972475790C144133560 @default.
- W1972475790 hasConceptScore W1972475790C162324750 @default.
- W1972475790 hasConceptScore W1972475790C162853370 @default.
- W1972475790 hasConceptScore W1972475790C175444787 @default.
- W1972475790 hasConceptScore W1972475790C19351080 @default.
- W1972475790 hasConceptScore W1972475790C194304873 @default.
- W1972475790 hasConceptScore W1972475790C195487862 @default.
- W1972475790 hasConceptScore W1972475790C21547014 @default.
- W1972475790 hasConceptScore W1972475790C2524010 @default.
- W1972475790 hasConceptScore W1972475790C2778348673 @default.
- W1972475790 hasConceptScore W1972475790C2778738845 @default.
- W1972475790 hasConceptScore W1972475790C2780378061 @default.
- W1972475790 hasConceptScore W1972475790C33923547 @default.
- W1972475790 hasConceptScore W1972475790C40700 @default.
- W1972475790 hasConceptScore W1972475790C90673727 @default.
- W1972475790 hasIssue "2" @default.
- W1972475790 hasLocation W19724757901 @default.
- W1972475790 hasLocation W19724757902 @default.
- W1972475790 hasOpenAccess W1972475790 @default.
- W1972475790 hasPrimaryLocation W19724757901 @default.
- W1972475790 hasRelatedWork W1501391967 @default.
- W1972475790 hasRelatedWork W1860908204 @default.
- W1972475790 hasRelatedWork W2022856132 @default.
- W1972475790 hasRelatedWork W2080418646 @default.