Zhengping Wu
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
Zhengping Wu has a total of 3 co-authors. Here are the top co-authors by number of shared publications:
- Burak Kazaz
Whitman School of Management, Syracuse University, Syracuse, New York 13244
1 shared publication - Kum Khiong Yang
Lee Kong Chian School of Business, Singapore Management University, Singapore 178899
1 shared publication - Scott Webster
School of Management, Syracuse University, Syracuse, NY 13244‐2130, U.S.A.
1 shared publication
Latest Publications
- 1 May 2012
- Published by SAGE Publications in Production and Operations Management
- Vol. 21 (3) , 576-589
Ordering, Pricing, and Lead‐Time Quotation Under Lead‐Time and Demand Uncertainty
In this article, we study the newsvendor problem with endogenous setting of price and quoted lead‐time. This problem can be observed in situations where a firm orders semi‐finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead‐time required for customization are uncertain. The demand for the product depends not only on the selling price but also on the quoted lead‐time. To set the quoted lead‐time, the firm has to carefully balance the benefit of increasing demand as the quoted lead‐time is reduced against the cost of increased tardiness. Our model enables the firm to determine the optimal selling price, quoted lead‐time, and order quantity simultaneously, and provides a new set of insights to managers.
- 1 May 2012
- Published by SAGE Publications in Production and Operations Management
- Vol. 21 (3) , 576-589
Ordering, Pricing, and Lead‐Time Quotation Under Lead‐Time and Demand Uncertainty
In this article, we study the newsvendor problem with endogenous setting of price and quoted lead‐time. This problem can be observed in situations where a firm orders semi‐finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead‐time required for customization are uncertain. The demand for the product depends not only on the selling price but also on the quoted lead‐time. To set the quoted lead‐time, the firm has to carefully balance the benefit of increasing demand as the quoted lead‐time is reduced against the cost of increased tardiness. Our model enables the firm to determine the optimal selling price, quoted lead‐time, and order quantity simultaneously, and provides a new set of insights to managers.