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- W66823772 abstract "This paper investigates the impact of a secondary market, where retailers can buy and sell excessinventories, on the supply chain. We develop a two-period model with a single manufacturer and tworetailers. At the beginning of the first period the retailers order and receive products from themanufacturer, but at the beginning of the second period, they can trade surplus products betweenthemselves in the secondary market. We investigate the impact of the correlated dependence ofretailers' demand on both the quantity effect and the allocation effect under the secondary market.Lastly, we study potential strategies for the manufacturer to increase sales with the existence of thesecondary market." @default.
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- W66823772 date "2003-01-01" @default.
- W66823772 modified "2023-09-24" @default.
- W66823772 title "Technical Notes ：STUDIES ON THE VALUE OF SECONDARY MARKET TO THE SUPPLY CHAIN" @default.
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