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OTAKE Toshitsugu
Department Ritsumeikan Asia Pacific University College of International Management Position Professor |
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| Language | English |
| Publication Date | 1996/05 |
| Type | Research paper (Academic/Professional Journal) |
| Peer Review | Peer reviewed |
| Title | Inventory & Pricing Policies for Substitutes & Complements |
| Contribution Type | First author |
| Journal | INFORMS |
| Journal Type | Another Country |
| Author and coauthor | K. Jo Min |
| Details | This study examines joint inventory and pricing decisions for products that are either substitutes or complements.
It incorporates the interdependence of demand, recognizing that a price change in one product may affect the demand for another. The analysis considers how pricing and inventory levels can be coordinated to improve overall profitability. Different policy implications are explored for substitute and complementary products. The study provides a framework for more effective managerial decision-making when product demands are closely related. |