Paul J. Steinhardt, P. Chaudhari
Journal of Computational Physics
Web-based group buying is practised in many businesses nowadays. Noting that the group-buying mechanism is often used with traditional selling methods, this paper develops models in which sellers provide customers with a group-buying option and a regular spot-selling option. We prove the optimality of a threshold rationing policy. Our findings help those sellers who offer multiple selling options in designing and implementing an efficient demand and inventory management system. © 2012 Elsevier B.V. All rights reserved.
Paul J. Steinhardt, P. Chaudhari
Journal of Computational Physics
Frank R. Libsch, Takatoshi Tsujimura
Active Matrix Liquid Crystal Displays Technology and Applications 1997
M. Tismenetsky
International Journal of Computer Mathematics
Sankar Basu
Journal of the Franklin Institute