The Value of Flexibility in Make-to-Order Systems: The Effect of Demand Correlation
Published Online:23 Apr 2010https://doi.org/10.1287/opre.1090.0783
References
- The strategic perils of delayed differentiation. Management Sci. (2007) 53(5):697–712Link, Google Scholar
- Information and organization for horizontal multimarket coordination. Management Sci. (1997) 43(12):1609–1627Link, Google Scholar
- Capacity and inventory management in the presence of a long-term channel and a spot market. (2005) . Working paper, Stanford University, Stanford, CAGoogle Scholar
- Design for postponement: A comprehensive characterization of its benefits under unknown demand distributions. Oper. Res. (2001) 49(4):578–598Link, Google Scholar
- The effect of commonality on safety stock in a simple inventory model. Management Sci. (1986) 32(8):982–988Link, Google Scholar
- A real options perspective on supply chain management in high technology. J. Appl. Corporate Finance (2002) 15(2):32–43Crossref, Google Scholar
- Optimal investment strategies for flexible resources, considering pricing and correlated demands. Oper. Res. (2004) 52(6):954–964Link, Google Scholar
- Implementation of the newsvendor model with clearance pricing: How to (and how not to) estimate a salvage value. Manufacturing Service Oper. Management (2007) 9(3):276–290Link, Google Scholar
- HP buyers get hands on design. Purchasing (2001) Jul 19Google Scholar
- Coordination of pricing and inventory decisions: A survey and classification. Handbook of Quantitative Supply Chain Analysis: Modeling in the E-Business Era (2004) (Springer, New York) . Chapter 9Crossref, Google Scholar
- Resource flexibility with responsive pricing. Oper. Res. (2005) 53(3):532–548Link, Google Scholar
- Demand signaling and screening in channels of distribution. Marketing Sci. (1992) 11(4):327–347Link, Google Scholar
- Aggregate safety stocks and component part commonality. Management Sci. (1982) 28(11):1296–1303Link, Google Scholar
- Demand uncertainty and price maintenance: Markdowns as destructive competition. Amer. Econom. Rev. (1997) 87(4):619–641Google Scholar
- The role of production lead time and demand uncertainty in marketing durable goods. Management Sci. (2007) 53(1):150–158Link, Google Scholar
- Design of common components considering implications of inventory costs and forecasting. AIIE Trans. (1979) 11(2):129–135Crossref, Google Scholar
- Markets for surplus components with a strategic supplier. Naval Res. Logist. (2005) 52(8):734–753Crossref, Google Scholar
- Effects of centralization on expected costs in a multi-location newsboy problem. Management Sci. (1979) 25(5):498–501Link, Google Scholar
- , Schwarz L. B. Centralized ordering policies in a multi-warehouse system with leadtimes and random demands. Multi-Level Production/Inventory Control Systems: Theory and Practice (1981) (North-Holland, Amsterdam) 51–69Google Scholar
- Equilibrium incentives in oligopoly. Amer. Econom. Rev. (1987) 77(5):927–940Google Scholar
- Optimal investment in product-flexible manufacturing capacity. Management Sci. (1990) 36(4):449–467Link, Google Scholar
- Component commonality with service level requirements. Management Sci. (1988) 34(6):753–760Link, Google Scholar
- Strategic technology choice and capacity investment under demand uncertainty. Management Sci. (2007) 53(2):192–207Link, Google Scholar
- Price and order postponement in a decentralized newsvendor model with multiplicative and price-dependent demand. Oper. Res. (2008) 56(1):121–139Link, Google Scholar
- Product design for component commonality and the effect of demand correlation. (2000) . Working paper, University of Rochester, Rochester, NYGoogle Scholar
- Hewlett-Packard Company unlocks the value potential from time-sensitive returns. Interfaces (2005) 35(4):281–293Link, Google Scholar
- A forecasting method for management of seasonal stylegoods inventories. Oper. Res. (1960) 8(1):45–52Link, Google Scholar
- Product line selection and pricing with modularity in design. Manufacturing Service Oper. Managememt (2005) 7(3):172–187Link, Google Scholar
- Integrating long- and short-term contracting via business-to-business exchanges for capital-intensive industries. Management Sci. (2003) 49(11):1597–1615Link, Google Scholar
- Forecasting and inventory management of short life-cycle products. Oper. Res. (1996) 44(1):131–150Link, Google Scholar
- Effective inventory and service management through product and process redesign. Oper. Res. (1996) 44(1):151–159Link, Google Scholar
- Modelling the costs and benefits of delayed product differentiation. Management Sci. (1997) 43(1):40–53Link, Google Scholar
- The impact of the secondary market on the supply chain. Management Sci. (2002) 48(6):719–731Link, Google Scholar
- Theory of the firm facing uncertain demand. Amer. Econom. Rev. (1972) 62(3):278–291Google Scholar
- The ranking of behavioral modes of the firm facing uncertain demand. Amer. Econom. Rev. (1980) 70(1):217–224Google Scholar
- Order-based cost optimization in assemble-to-order systems. Oper. Res. (2005) 53(1):151–169Link, Google Scholar
- Strategic spot trading in supply chains. Management Sci. (2007) 53(5):742–759Link, Google Scholar
- Inventory, speculation, and sourcing strategies in the presence of online exchanges. Manufacturing Service Oper. Managememt (2007) 9(3):312–331Link, Google Scholar
- Procurement risk management (PRM) at Hewlett-Packard Company. Interfaces (2008) 38(1):51–60Link, Google Scholar
- Replenishment strategies for distribution systems under advance demand information. Management Sci. (2003) 49(3):255–272Link, Google Scholar
- Manufacturer's returns policies and retail competition. Marketing Sci. (1997) 16(1):81–94Link, Google Scholar
- Sell the plant? The impact of contract manufacturing on innovation, capacity, and profitability. Management Sci. (2005) 51(1):133–150Link, Google Scholar
- Optimal control of a high-volume assemble-to-order system. Math. Oper. Res. (2006) 31:453–477Link, Google Scholar
- Note: A separation principle for a class of assemble-to-order systems with expediting. Oper. Res. (2007) 55(3):603–609Link, Google Scholar
- Optimal control of a high-volume assemble-to-order system with maximum leadtime quotation and expediting. Queueing Systems (2008) 60(1–2):1–69Crossref, Google Scholar
- HP posts 3Q profit jump; faces stiff competition. International Business Times (2008) August 21). http://www.ibtimes.co.in/articles/20080820/profit-share.htmGoogle Scholar
- Modular architectures in the marketing process. J. Marketing (1999) 63(4):92–111Crossref, Google Scholar
- Performance analysis and optimization of assemble-to-order systems with random lead times. Oper. Res. (2002) 50(5):889–903Link, Google Scholar
- , de Kok A. G., Graves S. C. Supply chain operations: Assemble-to-order systems. Supply Chain Management. Handbooks in Operations Research and Management Science (2003) 11(Elsevier B.V., Amsterdam) 561–596Crossref, Google Scholar
- , de Kok A. G., Graves S. C. Design for postponement. Supply Chain Management. Handbooks in Operations Research and Management Science (2003) 11(Elsevier B.V., Amsterdam) 199–226Crossref, Google Scholar
- Managing broader product lines through delayed differentiation using vanilla boxes. Management Sci. (1998) 44(12):S161–S172Link, Google Scholar
- Optimal commonality in component design. Oper. Res. (2000) 48(1):1–19Link, Google Scholar
- Product Design and Development (2004) (McGraw Hill, New York) Google Scholar
- Investment strategies for flexible resources. Management Sci. (1998) 44(8):1071–1078Link, Google Scholar
- Commonality strategies: Value drivers and equivalence with flexible capacity and inventory substitution. Management Sci. (2004) 50(3):419–424Link, Google Scholar
- Price versus production postponement: Capacity and competition. Management Sci. (1999) 45(12):1631–1649Link, Google Scholar
- Newsvendor networks: Dynamic inventory management and capacity investment with discretionary pooling. Manufacturing Service Oper. Management (2002) 4(4):313–335Link, Google Scholar
- Duopoly information equilibrium: Cournot and Bertrand. J. Econom. Theory (1984) 34(1):71–94Crossref, Google Scholar

