Optimal sales and production rollover strategies under capacity constraints
Justus Arne Schwarz and
Barış Tan
European Journal of Operational Research, 2021, vol. 294, issue 2, 507-524
Abstract:
Firms regularly replace their old product generation by a newer generation to sustain and increase their market share and profit. The product rollover problem of deciding on the number of old products to be pre-produced before the introduction of the new generation, and then deciding on the prices, sales volumes, and production volumes of the old and the new generation during the introduction under capacity constraint is considered.
Keywords: Production; Product rollover; Capacity; New product introduction (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:294:y:2021:i:2:p:507-524
DOI: 10.1016/j.ejor.2021.01.040
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