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Single Period Inventory Control and Pricing

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631612224 Year: Pages: 116 DOI: 10.3726/b13914 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Economics
Added to DOAB on : 2019-01-15 13:32:25
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The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.

Multichannel Management

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631594452 Year: Pages: 204 DOI: 10.3726/b13906 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:26
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A company operating various sales channels, e.g. the Internet and a traditional shop, inevitably faces a tricky coordination problem. As prevalent approaches often do not lead to a satisfying solution, the author suggests a normative model to offer directions for the optimal channel coordination. The model is based on stochastic purchase and switching probabilities, given certain conditions like prices and supportive marketing activities (like delivery time or shop environment). A company can fit its consumer base to the model and simulate various effects on its earnings by altering prices or marketing activities. The model is a market-based playground to develop new holistic strategies for a multichannel company without affecting the market.

Russian Second-Language Textbooks and Identity in the Universe of Discourse

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Book Series: Slavistische Beitraege ISBN: 9783876908816 Year: Pages: 259 DOI: 10.3726/b12711 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Linguistics
Added to DOAB on : 2019-01-15 13:31:33
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This book provides an overview of the modifications and interaction of the Second-Language Learning discursive formation and the Identity discursive formation over four centuries of Russian history. It proposes an explanatory model in which small-scale linguistic detail is combined harmoniously with larger-scale language units in order to illuminate matters of cultural importance in their linguistic guise. Hallmark of its interdisciplinary scope is the isomorphic interpretation of image and text. Compositionally, interdisciplinarity pours into a nonlinear narrative; this narrative follows a spiral, redefining on a higher level and in a different setting distinctions, which were first discovered on a lower level with the theoretical devices of other disciplines. The lower coil of the helix accommodates the complementary argumentations of anthropology and lexical semantics; the higher one brings the conclusions to the plane of discourse analysis and semiotics

Effects of Including Agricultural Products in the Customs Union between Turkey and the EU

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Book Series: cege-Schriften ISBN: 9783631519349 Year: Pages: 336 DOI: 10.3726/b14161 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Agriculture (General) --- Economics --- Political Science --- Languages and Literatures
Added to DOAB on : 2019-01-15 13:32:14
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The inclusion of agricultural products in the current customs union is one of the potential future steps on the road to further political and economic integration between Turkey and the EU. This book examines the effects of such integration of agricultural markets on the Turkish agricultural sector as well as on consumers and the Turkish budget. Results are compared to alternative options for Turkish agricultural policy. To this aim, a detailed partial equilibrium model of the Turkish agricultural sector is developed. The complete liberalization of the agricultural sector is found to lead to significant welfare gains compared to the maintenance of current policies. It appears that including agricultural products in the customs union results in similar results with few but significant exemptions.

User Satisfaction with Personalised Internet Applications

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631577707 Year: Pages: 182 DOI: 10.3726/b14001 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Computer Science --- Business and Management
Added to DOAB on : 2019-01-15 13:32:21
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The study focuses on user satisfaction with websites and personalised internet applications in particular. The abundance of information on the web is increasing more and more. Therefore, the significance of websites targeting the users’ preferences, like personalised Internet applications, is rising. The aim of this study was to find out which factors determine user satisfaction with personalised internet applications. Factors like the usefulness of the information or trust towards how personal information is handled were considered. A large-scale user survey evaluating three internet applications (from the travel, e-learning and real estate domains) was conducted. Expert opinions were collected to complement the results and provide insights from users’ and experts’ points of views.

European Business Cycle Convergence

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Book Series: Hohenheimer volkswirtschaftliche Schriften ISBN: 9783631639740 Year: Pages: 218 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management --- Economics
Added to DOAB on : 2019-01-15 13:32:58
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Is the euro area getting closer with regard to business cycles? The study investigates the linkage between business cycle convergence and financial portfolio choice for a panel of 18 European countries. For this purpose an index is constructed which measures the similarity of investment portfolios. The idea is that financial portfolio choice has an impact on business cycles and contributes to convergence via the consumption-wealth linkage. The background of the analysis is the International Asset Pricing Model (IAPM). The results of fixed effects GMM TSLS estimations confirm the linkage. The effect is higher for country-pairs that are built by one euro area member and one member outside the euro area.

The Economic and Environmental Sustainability of Dual Sourcing

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Book Series: Forschungsergebnisse der Wirtschaftsuniversitaet Wien ISBN: 9783631622728 Year: Pages: 119 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Business and Management
Added to DOAB on : 2019-01-15 13:32:59
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Supply chains consist of all processes which are needed in order to supply customers with the required products. Traditionally, supply chain management decisions are based on the economic performance of the involved parties. But in recent years, other criteria, such as quality, flexibility or the environment, have become important as well. Especially carbon emissions are high on the political agenda because they are considered to be a major cause of the greenhouse gas effect. In this work it is shown how the performance of supply chains can be evaluated considering both economic and environmental criteria. In particular, the work deals with dual sourcing in the context of the newsvendor model. The impact of environmental regulations (emission taxes and emission trading) on the decisions of companies is analysed.

Poverty and Distributional Impact of Economic Policies and External Shocks

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Book Series: Goettinger Studien zur Entwicklungsoekonomik / Goettingen Studies in Development Economics ISBN: 9783631565599 Year: Pages: 154 DOI: 10.3726/b13887 Language: English
Publisher: Peter Lang International Academic Publishing Group
Subject: Economics --- Political Science
Added to DOAB on : 2019-01-15 13:32:27
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Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to examine distributional change. This book analyzes the poverty and distributional impact of policy changes and external shocks in three case studies from Latin America: Trade liberalization in Colombia and Brazil, and the gas boom in Bolivia. It uses an innovative approach that combines computable general equilibrium and microsimulation models. The country applications illustrate that distributional consequences depend very much on the nature of the shock or policy change as well as the characteristics of the country in question. The book issues a warning against policy prescriptions being based on oversimplifying assumptions and models.

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