Partial Centralization in a Durable-Good Supply Chain
Offered By: GERAD Research Center via YouTube
Course Description
Overview
Explore a seminar on partial centralization in durable-good supply chains presented by Victor Shi from the Lazaridis School of Business and Economics at Wilfrid Laurier University. Delve into the analysis of a two-period model examining the dynamics of a durable-good manufacturer owning part of its downstream retailer. Discover how partial centralization can emerge as an equilibrium supply chain structure and learn about the relationship between the manufacturer's ownership level, product durability, and decision horizon length. Gain insights into time inconsistency, demand functions, and game sequences within this context. The 58-minute presentation covers various aspects including introductory concepts, literature review, basic model assumptions, optimal ownership share, and extensions such as downtime considerations.
Syllabus
Introduction
Partial Centralization
Toyota
Literature Review
Time Inconsistency
Basic Model
Assumptions
Demand Function
Game Sequence
Optimal Ownership Share
Explanations
Extensions
Downtime
Conclusions
Taught by
GERAD Research Center
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