Advance Demand Information in a Multiproduct System

  title={Advance Demand Information in a Multiproduct System},
  author={Fernando Bernstein and Gregory A. DeCroix},
  journal={Manufacturing & Service Operations Management},
I this paper we examine the impact of different types of advance demand information on firm profit and on the benefits of resource flexibility. Specifically, we consider a firm that must choose capacities of resources that will be used to satisfy stochastic demand for multiple products, where demands follow a multivariate normal distribution. Prior to the capacity decision, the firm receives information revealing either the total volume of demand across products or the mix of demand between… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
4 Citations
45 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 45 references

A hierarchical Bayes model of primary and secondary demand

  • N Arora, GM Allenby, JL Ginter
  • Marketing Sci
  • 1998
Highly Influential
3 Excerpts

The Multivariate Normal Distribution (Springer

  • YL 81–107. Tong
  • 1990
Highly Influential
1 Excerpt

Advance Demand Information in a Multiproduct System

  • Bernstein, DeCroix
  • Manufacturing & Service Operations Management
  • 2015

Quantitative trendspotting

  • RY Du, WA Kamakura
  • J. Marketing Res
  • 2012
1 Excerpt

The multi - product newsvendor problem : Review , extensions , and directions for future research

  • N Turken, Y Tan, A Vakharia, L Wang, R Wang, A Yenipazarli
  • 2012
1 Excerpt

Quake still rattles suppliers

  • GA DeCroix, VS Mookerjee
  • 2011

Similar Papers

Loading similar papers…