Dynamic price and lead time quotation strategies to match demand and supply in make-to-order manufacturing environments
Type :
Book chapter
Publication Status :
Published
Access :
restrictedAccess
Abstract
We summarize the literature on dynamic quotation strategies under which a seller provides price and/or lead time quotes to a potential buyer, who then either accepts or rejects the quote. The goal of quotation strategies is to better match supply and demand by influencing and possibly smoothing out the demand. We identify some common observations and findings in this domain, and suggest directions of future work.
Source :
Women in Industrial and Systems Engineering
Key Advances and Perspectives on Emerging Topics, Part of the Women in Engineering and Science book series (WES)
Date :
2020
Publisher :
Springer
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