کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
482710 | 1446146 | 2009 | 10 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Capacity decisions for high-tech products with obsolescence Capacity decisions for high-tech products with obsolescence](/preview/png/482710.png)
Modern high-tech products experience rapid obsolescence. Capacity investments must be recouped during the brief product lifecycle, during which prices fall continuously. We employ a multiplicative demand model that incorporates price declines due to both market heterogeneity and product obsolescence, and study a monopolistic firm’s capacity decision. We investigate profit concavity, and characterize the structure of the optimal capacity solution. Moreover, for products with negligible variable costs, we identify two distinct strategies for capacity choice demarcated by an obsolescence rate threshold that relates both to market factors and capacity costs. Finally, we empirically test the demand model by analyzing shipping and pricing data from the PC microprocessor market.
Journal: European Journal of Operational Research - Volume 197, Issue 1, 16 August 2009, Pages 102–111