The Effect of Competition on the Efficient-Responsive Choice
In determining their operations strategy, a firm chooses whether to be responsive or efficient. For firms competing in a market with uncertain demand and varying intensity of substitutability for the competitor's product, we characterize the responsive or efficient choice in equilibrium. To foc...
Saved in:
| Published in: | Production and operations management Vol. 23; no. 5; pp. 829 - 846 |
|---|---|
| Main Authors: | , , |
| Format: | Journal Article |
| Language: | English |
| Published: |
Los Angeles, CA
Blackwell Publishing Ltd
01-05-2014
SAGE Publications Blackwell Publishers Inc |
| Subjects: | |
| Online Access: | Get full text |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Abstract | In determining their operations strategy, a firm chooses whether to be responsive or efficient. For firms competing in a market with uncertain demand and varying intensity of substitutability for the competitor's product, we characterize the responsive or efficient choice in equilibrium. To focus first on the competitive implications, we study a model where a firm can choose to be responsive at no additional fixed or marginal cost. We find that competing firms will choose the same configuration (responsive or efficient), and responsiveness tends to be favorable when demand uncertainty is high or when product competition is not too strong. Intense competition can drive firms to choose to be efficient rather than responsive even when there is no additional cost of being responsive. In such a case, both firms would be better off by choosing to be responsive but cannot credibly commit. We extend the basic model to study the impact of endogenized production timing, multiple productions and product holdback (or, equivalently, postponed production). For all these settings, we find structurally similar results; firms choose the same configuration, and the firms may miss Pareto‐improvements. Furthermore, through extensions to the basic model, we find that greater operational flexibility can make responsiveness look less attractive in the presence of product competition. In contrast to our basic model and other extensions, we find it is possible for one firm to be responsive while the other is efficient when there is either a fixed cost or variable cost premium associated with responsive delivery. |
|---|---|
| AbstractList | In determining their operations strategy, a firm chooses whether to be responsive or efficient. For firms competing in a market with uncertain demand and varying intensity of substitutability for the competitor's product, we characterize the responsive or efficient choice in equilibrium. To focus first on the competitive implications, we study a model where a firm can choose to be responsive at no additional fixed or marginal cost. We find that competing firms will choose the same configuration (responsive or efficient), and responsiveness tends to be favorable when demand uncertainty is high or when product competition is not too strong. Intense competition can drive firms to choose to be efficient rather than responsive even when there is no additional cost of being responsive. In such a case, both firms would be better off by choosing to be responsive but cannot credibly commit. We extend the basic model to study the impact of endogenized production timing, multiple productions and product holdback (or, equivalently, postponed production). For all these settings, we find structurally similar results; firms choose the same configuration, and the firms may miss Pareto‐improvements. Furthermore, through extensions to the basic model, we find that greater operational flexibility can make responsiveness look less attractive in the presence of product competition. In contrast to our basic model and other extensions, we find it is possible for one firm to be responsive while the other is efficient when there is either a fixed cost or variable cost premium associated with responsive delivery. In determining their operations strategy, a firm chooses whether to be responsive or efficient. For firms competing in a market with uncertain demand and varying intensity of substitutability for the competitor's product, we characterize the responsive or efficient choice in equilibrium. To focus first on the competitive implications, we study a model where a firm can choose to be responsive at no additional fixed or marginal cost. We find that competing firms will choose the same configuration (responsive or efficient), and responsiveness tends to be favorable when demand uncertainty is high or when product competition is not too strong. Intense competition can drive firms to choose to be efficient rather than responsive even when there is no additional cost of being responsive. In such a case, both firms would be better off by choosing to be responsive but cannot credibly commit. We extend the basic model to study the impact of endogenized production timing, multiple productions and product holdback (or, equivalently, postponed production). For all these settings, we find structurally similar results; firms choose the same configuration, and the firms may miss Pareto-improvements. Furthermore, through extensions to the basic model, we find that greater operational flexibility can make responsiveness look less attractive in the presence of product competition. In contrast to our basic model and other extensions, we find it is possible for one firm to be responsive while the other is efficient when there is either a fixed cost or variable cost premium associated with responsive delivery. [PUBLICATION ABSTRACT] |
| Author | Rudi, Nils Wang, Tong Thomas, Douglas J. |
| Author_xml | – sequence: 1 givenname: Tong surname: Wang fullname: Wang, Tong email: tong.wang@nus.edu.sg organization: Decision Sciences, National University of Singapore, 119245, Singapore, Singapore – sequence: 2 givenname: Douglas J. surname: Thomas fullname: Thomas, Douglas J. email: dthomas@psu.edu organization: Smeal College of Business, Pennsylvania State University, University Park, 16802, Pennsylvannia, USA – sequence: 3 givenname: Nils surname: Rudi fullname: Rudi, Nils email: nils.rudi@insead.edu organization: Technology and Operations Management, INSEAD, 138676, Singapore, Singapore |
| BookMark | eNp9kN9LwzAQx4NMcJu--BcUfBCEzqRpkgZ80TKnsKnM-eMtZGniMremNp26_97OqvggHgcXuM99c_ftgFbucg3APoI9VMdx4Za-hyLI8RZoI45ZSDihrfoNCQ9RzJId0PF-DiFkOIJtcDKZ6aBvjFZV4EyQumWhK1tZlwd1Vk3TKqvzKhxrX7jc21cdpDNnld4F20YuvN77ql1wd96fpBfh8HpwmZ4OQxUTjMNphrKpoRllFMss4QRLw2KqOGEGSU5kklCYURpRhgycSmWojmFCWRZnEYwU7oKDRrco3ctK-0rM3arM6y8FIhHlJMb1rV1w1FCqdN6X2oiitEtZrgWCYuOO2LgjPt2pYdTAb3ah1_-Q4uZ6dPs9c9jMePmkf63wl3rYkNZX-v1HXZbPgjLMiHi4GojxiERnPH4U9_gDx9yDvQ |
| CODEN | POMAEN |
| CitedBy_id | crossref_primary_10_2139_ssrn_1976886 crossref_primary_10_1287_msom_2022_0152 crossref_primary_10_1287_msom_2016_0604 crossref_primary_10_1016_j_tre_2024_103461 crossref_primary_10_1080_13675567_2020_1763935 crossref_primary_10_1287_msom_2021_0540 crossref_primary_10_1155_2018_2598415 crossref_primary_10_33889_IJMEMS_2023_8_1_010 crossref_primary_10_1016_j_ijpe_2022_108656 crossref_primary_10_1111_poms_13222 crossref_primary_10_1016_j_ejor_2020_01_048 crossref_primary_10_1016_j_ijpe_2023_108978 crossref_primary_10_1080_00207543_2022_2044532 crossref_primary_10_1007_s10479_021_04035_x crossref_primary_10_2139_ssrn_3978264 crossref_primary_10_1016_j_tre_2024_103529 crossref_primary_10_1111_poms_13637 crossref_primary_10_1016_j_omega_2020_102256 crossref_primary_10_1016_j_omega_2022_102777 crossref_primary_10_2147_RMHP_S444026 crossref_primary_10_1002_nav_21889 crossref_primary_10_1186_s40691_024_00378_8 crossref_primary_10_1111_itor_13270 crossref_primary_10_1016_j_jclepro_2020_121932 crossref_primary_10_1007_s11518_020_5471_3 crossref_primary_10_1007_s10479_015_1809_5 crossref_primary_10_1016_j_tre_2022_102778 crossref_primary_10_1111_poms_13371 crossref_primary_10_1111_poms_13095 crossref_primary_10_1111_poms_13031 crossref_primary_10_1155_2017_1287162 crossref_primary_10_1080_09537287_2023_2210522 crossref_primary_10_1111_poms_13135 crossref_primary_10_2139_ssrn_2544946 crossref_primary_10_1002_sres_2849 crossref_primary_10_1016_j_tre_2021_102276 crossref_primary_10_1057_jors_2015_39 crossref_primary_10_1016_j_ijpe_2017_06_007 crossref_primary_10_1016_j_ejor_2017_07_069 crossref_primary_10_1016_j_omega_2021_102500 crossref_primary_10_1016_j_omega_2015_05_005 crossref_primary_10_1142_S0217595920500050 |
| Cites_doi | 10.2307/2555875 10.1287/mnsc.1080.0988 10.1016/0022-0531(91)90050-E 10.2307/2555525 10.1287/msom.1090.0274 10.3401/poms.1080.0054 10.1287/mnsc.1060.0655 10.1287/msom.1120.0387 10.1111/j.1937-5956.2011.01269.x 10.1287/mnsc.1100.1154 10.2307/41166135 10.1016/0022-0531(87)90109-8 10.1287/mksc.2.2.161 10.1287/opre.44.1.87 10.1111/j.1937-5956.1997.tb00427.x 10.2307/2232356 10.1287/mnsc.39.4.395 10.1287/mnsc.1060.0611 10.1287/mnsc.1090.1122 10.1287/mnsc.43.4.559 10.1111/1540-5885.00041 10.1287/mnsc.47.12.1588.10237 10.1287/mnsc.45.12.1631 10.1287/mnsc.1050.0452 10.1111/j.1937-5956.2012.01336.x |
| ContentType | Journal Article |
| Copyright | 2014 The Authors 2013 Production and Operations Management Society Copyright Blackwell Publishers Inc. May 2014 |
| Copyright_xml | – notice: 2014 The Authors – notice: 2013 Production and Operations Management Society – notice: Copyright Blackwell Publishers Inc. May 2014 |
| DBID | BSCLL AAYXX CITATION |
| DOI | 10.1111/poms.12093 |
| DatabaseName | Istex CrossRef |
| DatabaseTitle | CrossRef |
| DatabaseTitleList | CrossRef |
| DeliveryMethod | fulltext_linktorsrc |
| Discipline | Engineering Business |
| EISSN | 1937-5956 |
| EndPage | 846 |
| ExternalDocumentID | 3311518521 10_1111_poms_12093 POMS12093 10.1111_poms.12093 ark_67375_WNG_RM52B94X_V |
| Genre | article Feature |
| GrantInformation_xml | – fundername: National University of Singapore academic research grantid: R‐314‐000‐076‐133; R‐314‐000‐084‐112 – fundername: National University of Singapore academic research funderid: R‐314‐000‐076‐133; R‐314‐000‐084‐112 |
| GroupedDBID | .3N .GA .Y3 05W 0R~ 123 1OB 1OC 29P 2WC 31~ 33P 3V. 3WU 4.4 50Y 50Z 52M 52O 52T 52U 52W 702 7PT 7WY 8-0 8-1 8-3 8-4 8-5 8AO 8FL 8R4 8R5 8V8 930 96U 9M8 A04 AAESR AAHHS AAONW AAOUF AASGY AATAA AAXRX AAYJJ AAZKR ABCUV ABFXH ABJNI ABKLS ABPNF ABPVW ABRHV ABSOO ABUNW ABUWG ACAHQ ACBKW ACBWZ ACCFJ ACCZN ACGFO ACGFS ACOXC ACPOU ACUIR ACXQS ADBBV ADEMA ADEOM ADIZJ ADKYN ADMGS ADUKL ADXAS ADZMN AEAXR AEEZP AEIGN AEIMD AEMOZ AENEX AEQDE AEUQT AEUYR AEXNY AFAZI AFBPY AFGKR AFKFF AFKRA AFPWT AFZJQ AGKLV AGNWV AIAGR AIFKG AIURR AIWBW AJAOE AJBDE AKVCP ALAGY ALKDR ALMA_UNASSIGNED_HOLDINGS ALUQN AMBMR AMYDB ARTOV ASPBG ASTYK AVWKF AZBYB AZFZN AZVAB BAFTC BDRZF BENPR BEZIV BFHJK BMKGK BMXJE BNVMJ BPHCQ BQESF BROTX BRXPI BSCLL CAG CCPQU COF D-C D-D DCZOG DPXWK DRFUL DRSSH DU5 DWQXO EBA EBO EBR EBS EBU EJD EMK F00 F01 F21 FEDTE FRNLG G-S G.N G50 GODZA GROUPED_ABI_INFORM_COMPLETE GROUPED_ABI_INFORM_RESEARCH HF~ HVGLF HZ~ IAO IEA IOF ITC J8X K1G K60 K6~ LATKE LEEKS LH4 LITHE LOXES LP6 LP7 LUTES LW6 LYRES M0C M4V MK4 MRFUL MRSSH MSFUL MSSSH MXFUL MXSSH N04 N06 N95 NF~ NNB O66 O9- P2P P2W P2Y P4C PALCI PQBIZ PQBZA PQQKQ PROAC Q.N Q1R Q2X QB0 QRW R.K RIWAO RJQFR ROL RWI RWL RX1 S0X SCNPE SFC SUPJJ TAE TH9 U5U UB1 V8K VQA W8V W99 WBKPD WIH WII WLBEL WOHZO WYISQ XI7 XV2 ZZTAW ~8M ~IA ~WP AAYXX BPACV CITATION FHBDP |
| ID | FETCH-LOGICAL-c4533-bd1dbf6d6763ad8953af746c957f1a95a8860d662671f0bacf6e40867d4d202c3 |
| IEDL.DBID | 33P |
| ISSN | 1059-1478 |
| IngestDate | Thu Oct 10 16:31:08 EDT 2024 Fri Nov 22 02:02:35 EST 2024 Sat Aug 24 00:38:27 EDT 2024 Tue Jul 16 20:47:56 EDT 2024 Wed Oct 30 09:48:06 EDT 2024 |
| IsPeerReviewed | true |
| IsScholarly | true |
| Issue | 5 |
| Keywords | quick response efficient–responsive competition |
| Language | English |
| LinkModel | DirectLink |
| MergedId | FETCHMERGED-LOGICAL-c4533-bd1dbf6d6763ad8953af746c957f1a95a8860d662671f0bacf6e40867d4d202c3 |
| Notes | National University of Singapore academic research - No. R-314-000-076-133; No. R-314-000-084-112 ArticleID:POMS12093 ark:/67375/WNG-RM52B94X-V istex:ABBDBEC472FBB47E784DB9B734AB50A881992F35 Appendix: proofs. |
| PQID | 1526954319 |
| PQPubID | 45096 |
| PageCount | 18 |
| ParticipantIDs | proquest_journals_1526954319 crossref_primary_10_1111_poms_12093 wiley_primary_10_1111_poms_12093_POMS12093 sage_journals_10_1111_poms_12093 istex_primary_ark_67375_WNG_RM52B94X_V |
| PublicationCentury | 2000 |
| PublicationDate | May 2014 |
| PublicationDateYYYYMMDD | 2014-05-01 |
| PublicationDate_xml | – month: 05 year: 2014 text: May 2014 |
| PublicationDecade | 2010 |
| PublicationPlace | Los Angeles, CA |
| PublicationPlace_xml | – name: Los Angeles, CA – name: Muncie |
| PublicationTitle | Production and operations management |
| PublicationTitleAlternate | Prod Oper Manag |
| PublicationYear | 2014 |
| Publisher | Blackwell Publishing Ltd SAGE Publications Blackwell Publishers Inc |
| Publisher_xml | – name: Blackwell Publishing Ltd – name: SAGE Publications – name: Blackwell Publishers Inc |
| References | Goyal, M., S. Netessine. 2007. Strategic technology choice and capacity investment under uncertainty. Manage. Sci. 53(2): 192-207. Anand, K. S., K. Girotra. 2007. The strategic perils of delayed differentiation. Manage. Sci. 53(5): 697-712. Randall, T., K. Ulrich. 2001. Product variety, supply chain structure, and firm performance: Analysis of the US bicycle industry. Manage. Sci. 47(12): 1588-1604. McGuire, T. W., R. Staelin. 1983. An industry equilibrium analysis of downstream vertical integration. Mark. Sci. 2(2): 161-191. Ray, S., S. Li, Y. Song. 2005. Tailored supply chain decision making under price-sensitive stochastic demand and delivery uncertainty. Manage. Sci. 51(12): 1873-1891. Cachon, G., G. Kök. 2010. Competing manufacturers in a retail supply chain: On contractual form and coordination. Manage. Sci. 56(3): 571-589. Fisher, M., J. Hammond, W. Obermeyer, A. Raman. 1997. Configuring a supply chain to reduce the cost of demand uncertainty. Prod. Oper. Manag. 6(3): 211-225. Lin, Y.-T., A. Parlaktürk. 2012. Quick response under competition. Prod. Oper. Manag. 21(3): 518-533. Krishnan, H., R. Kapuscinski, D. A. Butz. 2010. Quick response and retailer effort. Manage. Sci. 56(6): 962-977. Fisher, M. L. 1997. What is the right supply chain for your product? Harv. Bus. Rev. 75(2): 105-116. Fisher, M., A. Raman. 1996. Reducing the cost of demand uncertainty through accurate response to early sales. Oper. Res. 44(1): 87-99. Wharton, T. J., E. M. White. 1988. Flexibility and automation: Patterns of evolution. Oper. Manag. Rev. 6(3 & 4): 1-8. Randall, T. R., R. M. Morgan, A. R. Morton. 2003. Efficient versus responsive supply chain choice: An empirical examination of influential factors. J. Prod. Innov. Manag. 20(6): 430-443. Gerwin, D. 1993. Manufacturing flexibility: A strategic perspective. Manage. Sci. 39(4): 395-410. Zhao, X. 2008. Coordinating a supply chain system with retailers under both price and inventory competition. Prod. Oper. Manag. 17(5): 532-542. Van Mieghem, J. A., M. Dada. 1999. Price versus production postponement: Capacity and competition. Manage. Sci. 45(12): 1631-1649. Iyer, A., M. Bergen. 1997. Quick response in manufacturer-retailer channels. Manage. Sci. 43(4): 559-570. Lee, H. 2002. Aligning supply chain strategies with product uncertainties. Calif. Manag. Rev. 44 (3): 105-119. Wang, T., A. Atasu, M. Kurtulus. 2012a. A multiordering newsvendor model with dynamic forecast evolution. Manuf. Serv. Oper. Manag. 14(3): 472-484. Wang, Y., B. Niu, P. Guo. 2012b. On the advantage of quantity leadership when outsourcing production to a competitive contract manufacturer. Prod. Oper. Manag. 22(1): 104-119. Singh, N., X. Vives. 1984. Price and quantity competition in a differentiated duopoly. RAND J. Econ. 15(4): 546-554. Pal, D. 1991. Cournot duopoly with two production periods and cost differentials. J. Econ. Theory 55: 441-448. Christen, M., W. Boulding, R. Staelin. 2009. Optimal market intelligence strategy when management attention is scarce. Manage. Sci. 55(4): 526-538. Maggi, G. 1996. Endogenous leadership in a new market. RAND J. Econ. 27(4): 641-659. Vives, X. 2000. Oligopoly Pricing: Old Ideas and New Tools. MIT Press, Cambridge, MA. Caro, F., V. M. de Albeniz. 2010. The impact of quick response in inventory-based competition. Manuf. Serv. Oper. Manag. 12(3): 409-429. Ware, R. 1984. Sunk costs and strategic commitment: A proposed three-stage equilibrium. Econ. J. 94: 370-378. Saloner, G. 1987. Cournot duopoly with two production periods. J. Econ. Theory 42(1): 183-187. Fisher, Raman 1996; 44 Iyer, Bergen 1997; 43 Lin, Parlaktürk 2012; 21 Maggi 1996; 27 McGuire, Staelin 1983; 2 Singh, Vives 1984; 15 Pal 1991; 55 Christen, Boulding, Staelin 2009; 55 Fisher, Hammond, Obermeyer, Raman 1997; 6 Lee 2002; 44 Gerwin 1993; 39 Wharton, White 1988; 6 Zhao 2008; 17 Krishnan, Kapuscinski, Butz 2010; 56 Randall, Morgan, Morton 2003; 20 Goyal, Netessine 2007; 53 Saloner 1987; 42 Caro, de Albeniz 2010; 12 Wang, Atasu, Kurtulus 2012; 14 Wang, Niu, Guo 2012; 22 Ray, Li, Song 2005; 51 Cachon, Kök 2010; 56 Van Mieghem, Dada 1999; 45 Fisher 1997; 75 Anand, Girotra 2007; 53 Randall, Ulrich 2001; 47 Ware 1984; 94 2010; 56 2010; 12 1983; 2 1997; 43 1991; 55 2008; 17 1999; 45 2012b; 22 2007; 53 1997; 6 2001; 47 1984; 94 2009; 55 2012a; 14 1987; 42 1993; 39 1984; 15 2000 1997; 75 1988; 6 2002; 44 2005; 51 2013 1996; 27 2012; 21 2003; 20 1996; 44 bibr0003-poms.12093 bibr0013-poms.12093 bibr0010-poms.12093 bibr0017-poms.12093 Fisher M. L. (bibr0007-poms.12093) 1997; 75 bibr0029-poms.12093 bibr0022-poms.12093 bibr0012-poms.12093 bibr0006-poms.12093 bibr0016-poms.12093 bibr0026-poms.12093 bibr0005-poms.12093 bibr0015-poms.12093 bibr0018-poms.12093 bibr0021-poms.12093 Wharton T. J. (bibr0027-poms.12093) 1988; 6 bibr0008-poms.12093 bibr0011-poms.12093 bibr0002-poms.12093 bibr0025-poms.12093 bibr0004-poms.12093 bibr0019-poms.12093 Vives X. (bibr0023-poms.12093) 2000 bibr0014-poms.12093 bibr0009-poms.12093 bibr0001-poms.12093 bibr0020-poms.12093 bibr0024-poms.12093 bibr0028-poms.12093 |
| References_xml | – volume: 44 start-page: 87 issue: 1 year: 1996 end-page: 99 article-title: Reducing the cost of demand uncertainty through accurate response to early sales publication-title: Oper. Res. contributor: fullname: Raman – volume: 21 start-page: 518 issue: 3 year: 2012 end-page: 533 article-title: Quick response under competition publication-title: Prod. Oper. Manag. contributor: fullname: Parlaktürk – volume: 43 start-page: 559 issue: 4 year: 1997 end-page: 570 article-title: Quick response in manufacturer‐retailer channels publication-title: Manage. Sci. contributor: fullname: Bergen – volume: 6 start-page: 1 issue: 3 & 4 year: 1988 end-page: 8 article-title: Flexibility and automation: Patterns of evolution publication-title: Oper. Manag. Rev contributor: fullname: White – volume: 55 start-page: 441 year: 1991 end-page: 448 article-title: Cournot duopoly with two production periods and cost differentials publication-title: J. Econ. Theory contributor: fullname: Pal – volume: 55 start-page: 526 issue: 4 year: 2009 end-page: 538 article-title: Optimal market intelligence strategy when management attention is scarce publication-title: Manage. Sci. contributor: fullname: Staelin – volume: 22 start-page: 104 issue: 1 year: 2012 end-page: 119 article-title: On the advantage of quantity leadership when outsourcing production to a competitive contract manufacturer publication-title: Prod. Oper. Manag. contributor: fullname: Guo – volume: 56 start-page: 962 issue: 6 year: 2010 end-page: 977 article-title: Quick response and retailer effort publication-title: Manage. Sci. contributor: fullname: Butz – volume: 42 start-page: 183 issue: 1 year: 1987 end-page: 187 article-title: Cournot duopoly with two production periods publication-title: J. Econ. Theory contributor: fullname: Saloner – volume: 44 start-page: 105 issue: 3 year: 2002 end-page: 119 article-title: Aligning supply chain strategies with product uncertainties publication-title: Calif. Manag. Rev. contributor: fullname: Lee – volume: 2 start-page: 161 issue: 2 year: 1983 end-page: 191 article-title: An industry equilibrium analysis of downstream vertical integration publication-title: Mark. Sci. contributor: fullname: Staelin – volume: 53 start-page: 192 issue: 2 year: 2007 end-page: 207 article-title: Strategic technology choice and capacity investment under uncertainty publication-title: Manage. Sci. contributor: fullname: Netessine – volume: 27 start-page: 641 issue: 4 year: 1996 end-page: 659 article-title: Endogenous leadership in a new market publication-title: RAND J. Econ. contributor: fullname: Maggi – volume: 51 start-page: 1873 issue: 12 year: 2005 end-page: 1891 article-title: Tailored supply chain decision making under price‐sensitive stochastic demand and delivery uncertainty publication-title: Manage. Sci. contributor: fullname: Song – volume: 94 start-page: 370 year: 1984 end-page: 378 article-title: Sunk costs and strategic commitment: A proposed three‐stage equilibrium publication-title: Econ. J. contributor: fullname: Ware – volume: 20 start-page: 430 issue: 6 year: 2003 end-page: 443 article-title: Efficient versus responsive supply chain choice: An empirical examination of influential factors publication-title: J. Prod. Innov. Manag. contributor: fullname: Morton – volume: 12 start-page: 409 issue: 3 year: 2010 end-page: 429 article-title: The impact of quick response in inventory‐based competition publication-title: Manuf. Serv. Oper. Manag. contributor: fullname: de Albeniz – volume: 15 start-page: 546 issue: 4 year: 1984 end-page: 554 article-title: Price and quantity competition in a differentiated duopoly publication-title: RAND J. Econ. contributor: fullname: Vives – volume: 14 start-page: 472 issue: 3 year: 2012 end-page: 484 article-title: A multiordering newsvendor model with dynamic forecast evolution publication-title: Manuf. Serv. Oper. Manag. contributor: fullname: Kurtulus – volume: 56 start-page: 571 issue: 3 year: 2010 end-page: 589 article-title: Competing manufacturers in a retail supply chain: On contractual form and coordination publication-title: Manage. Sci contributor: fullname: Kök – volume: 53 start-page: 697 issue: 5 year: 2007 end-page: 712 article-title: The strategic perils of delayed differentiation publication-title: Manage. Sci. contributor: fullname: Girotra – volume: 47 start-page: 1588 issue: 12 year: 2001 end-page: 1604 article-title: Product variety, supply chain structure, and firm performance: Analysis of the US bicycle industry publication-title: Manage. Sci. contributor: fullname: Ulrich – volume: 39 start-page: 395 issue: 4 year: 1993 end-page: 410 article-title: Manufacturing flexibility: A strategic perspective publication-title: Manage. Sci. contributor: fullname: Gerwin – volume: 75 start-page: 105 issue: 2 year: 1997 end-page: 116 article-title: What is the right supply chain for your product? publication-title: Harv. Bus. Rev contributor: fullname: Fisher – volume: 45 start-page: 1631 issue: 12 year: 1999 end-page: 1649 article-title: Price versus production postponement: Capacity and competition publication-title: Manage. Sci. contributor: fullname: Dada – volume: 6 start-page: 211 issue: 3 year: 1997 end-page: 225 article-title: Configuring a supply chain to reduce the cost of demand uncertainty publication-title: Prod. Oper. Manag. contributor: fullname: Raman – volume: 17 start-page: 532 issue: 5 year: 2008 end-page: 542 article-title: Coordinating a supply chain system with retailers under both price and inventory competition publication-title: Prod. Oper. Manag. contributor: fullname: Zhao – volume: 45 start-page: 1631 issue: 12 year: 1999 end-page: 1649 article-title: Price versus production postponement: Capacity and competition publication-title: Manage. Sci. – volume: 12 start-page: 409 issue: 3 year: 2010 end-page: 429 article-title: The impact of quick response in inventory‐based competition publication-title: Manuf. Serv. Oper. Manag. – volume: 44 start-page: 87 issue: 1 year: 1996 end-page: 99 article-title: Reducing the cost of demand uncertainty through accurate response to early sales publication-title: Oper. Res. – volume: 6 start-page: 1 issue: 3 & 4 year: 1988 end-page: 8 article-title: Flexibility and automation: Patterns of evolution publication-title: Oper. Manag. Rev – volume: 20 start-page: 430 issue: 6 year: 2003 end-page: 443 article-title: Efficient versus responsive supply chain choice: An empirical examination of influential factors publication-title: J. Prod. Innov. Manag. – volume: 22 start-page: 104 issue: 1 year: 2012b end-page: 119 article-title: On the advantage of quantity leadership when outsourcing production to a competitive contract manufacturer publication-title: Prod. Oper. Manag. – volume: 47 start-page: 1588 issue: 12 year: 2001 end-page: 1604 article-title: Product variety, supply chain structure, and firm performance: Analysis of the US bicycle industry publication-title: Manage. Sci. – volume: 55 start-page: 526 issue: 4 year: 2009 end-page: 538 article-title: Optimal market intelligence strategy when management attention is scarce publication-title: Manage. Sci. – year: 2000 – volume: 44 start-page: 105 issue: 3 year: 2002 end-page: 119 article-title: Aligning supply chain strategies with product uncertainties publication-title: Calif. Manag. Rev. – volume: 27 start-page: 641 issue: 4 year: 1996 end-page: 659 article-title: Endogenous leadership in a new market publication-title: RAND J. Econ. – volume: 15 start-page: 546 issue: 4 year: 1984 end-page: 554 article-title: Price and quantity competition in a differentiated duopoly publication-title: RAND J. Econ. – volume: 53 start-page: 192 issue: 2 year: 2007 end-page: 207 article-title: Strategic technology choice and capacity investment under uncertainty publication-title: Manage. Sci. – volume: 56 start-page: 962 issue: 6 year: 2010 end-page: 977 article-title: Quick response and retailer effort publication-title: Manage. Sci. – volume: 53 start-page: 697 issue: 5 year: 2007 end-page: 712 article-title: The strategic perils of delayed differentiation publication-title: Manage. Sci. – volume: 94 start-page: 370 year: 1984 end-page: 378 article-title: Sunk costs and strategic commitment: A proposed three‐stage equilibrium publication-title: Econ. J. – volume: 17 start-page: 532 issue: 5 year: 2008 end-page: 542 article-title: Coordinating a supply chain system with retailers under both price and inventory competition publication-title: Prod. Oper. Manag. – volume: 55 start-page: 441 year: 1991 end-page: 448 article-title: Cournot duopoly with two production periods and cost differentials publication-title: J. Econ. Theory – volume: 56 start-page: 571 issue: 3 year: 2010 end-page: 589 article-title: Competing manufacturers in a retail supply chain: On contractual form and coordination publication-title: Manage. Sci – volume: 21 start-page: 518 issue: 3 year: 2012 end-page: 533 article-title: Quick response under competition publication-title: Prod. Oper. Manag. – volume: 43 start-page: 559 issue: 4 year: 1997 end-page: 570 article-title: Quick response in manufacturer‐retailer channels publication-title: Manage. Sci. – volume: 6 start-page: 211 issue: 3 year: 1997 end-page: 225 article-title: Configuring a supply chain to reduce the cost of demand uncertainty publication-title: Prod. Oper. Manag. – volume: 75 start-page: 105 issue: 2 year: 1997 end-page: 116 article-title: What is the right supply chain for your product? publication-title: Harv. Bus. Rev – volume: 2 start-page: 161 issue: 2 year: 1983 end-page: 191 article-title: An industry equilibrium analysis of downstream vertical integration publication-title: Mark. Sci. – volume: 42 start-page: 183 issue: 1 year: 1987 end-page: 187 article-title: Cournot duopoly with two production periods publication-title: J. Econ. Theory – volume: 39 start-page: 395 issue: 4 year: 1993 end-page: 410 article-title: Manufacturing flexibility: A strategic perspective publication-title: Manage. Sci. – volume: 14 start-page: 472 issue: 3 year: 2012a end-page: 484 article-title: A multiordering newsvendor model with dynamic forecast evolution publication-title: Manuf. Serv. Oper. Manag. – volume: 51 start-page: 1873 issue: 12 year: 2005 end-page: 1891 article-title: Tailored supply chain decision making under price‐sensitive stochastic demand and delivery uncertainty publication-title: Manage. Sci. – year: 2013 – ident: bibr0014-poms.12093 doi: 10.2307/2555875 – ident: bibr0004-poms.12093 doi: 10.1287/mnsc.1080.0988 – ident: bibr0016-poms.12093 doi: 10.1016/0022-0531(91)90050-E – ident: bibr0021-poms.12093 doi: 10.2307/2555525 – volume: 6 start-page: 1 issue: 3 year: 1988 ident: bibr0027-poms.12093 publication-title: Oper. Manag. Rev contributor: fullname: Wharton T. J. – ident: bibr0003-poms.12093 doi: 10.1287/msom.1090.0274 – ident: bibr0029-poms.12093 doi: 10.3401/poms.1080.0054 – ident: bibr0001-poms.12093 doi: 10.1287/mnsc.1060.0655 – volume: 75 start-page: 105 issue: 2 year: 1997 ident: bibr0007-poms.12093 publication-title: Harv. Bus. Rev contributor: fullname: Fisher M. L. – ident: bibr0024-poms.12093 doi: 10.1287/msom.1120.0387 – ident: bibr0013-poms.12093 doi: 10.1111/j.1937-5956.2011.01269.x – ident: bibr0011-poms.12093 doi: 10.1287/mnsc.1100.1154 – ident: bibr0012-poms.12093 doi: 10.2307/41166135 – ident: bibr0020-poms.12093 doi: 10.1016/0022-0531(87)90109-8 – ident: bibr0015-poms.12093 doi: 10.1287/mksc.2.2.161 – ident: bibr0006-poms.12093 doi: 10.1287/opre.44.1.87 – ident: bibr0005-poms.12093 doi: 10.1111/j.1937-5956.1997.tb00427.x – ident: bibr0026-poms.12093 doi: 10.2307/2232356 – ident: bibr0008-poms.12093 doi: 10.1287/mnsc.39.4.395 – volume-title: Oligopoly Pricing: Old Ideas and New Tools year: 2000 ident: bibr0023-poms.12093 contributor: fullname: Vives X. – ident: bibr0009-poms.12093 doi: 10.1287/mnsc.1060.0611 – ident: bibr0002-poms.12093 doi: 10.1287/mnsc.1090.1122 – ident: bibr0010-poms.12093 doi: 10.1287/mnsc.43.4.559 – ident: bibr0028-poms.12093 – ident: bibr0018-poms.12093 doi: 10.1111/1540-5885.00041 – ident: bibr0017-poms.12093 doi: 10.1287/mnsc.47.12.1588.10237 – ident: bibr0022-poms.12093 doi: 10.1287/mnsc.45.12.1631 – ident: bibr0019-poms.12093 doi: 10.1287/mnsc.1050.0452 – ident: bibr0025-poms.12093 doi: 10.1111/j.1937-5956.2012.01336.x |
| SSID | ssj0007320 |
| Score | 2.3179057 |
| Snippet | In determining their operations strategy, a firm chooses whether to be responsive or efficient. For firms competing in a market with uncertain demand and... |
| SourceID | proquest crossref wiley sage istex |
| SourceType | Aggregation Database Publisher |
| StartPage | 829 |
| SubjectTerms | Competition efficient-responsive Game theory Operations management Pareto optimum Product choice quick response Studies |
| Title | The Effect of Competition on the Efficient-Responsive Choice |
| URI | https://api.istex.fr/ark:/67375/WNG-RM52B94X-V/fulltext.pdf https://journals.sagepub.com/doi/full/10.1111/poms.12093 https://onlinelibrary.wiley.com/doi/abs/10.1111%2Fpoms.12093 https://www.proquest.com/docview/1526954319 |
| Volume | 23 |
| hasFullText | 1 |
| inHoldings | 1 |
| isFullTextHit | |
| isPrint | |
| link | http://sdu.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwpV1LS8NAEB60gujBR1WsVgkoHoRImmR3ExBBa6uXqrQ-egub3Q2K2JY-xKP_wX_oL3F2k9QWRBAhh8BukmVmZ_abMPMNwD6JuePGBIOcwCG2H7rCjvEYRoUgOJKSSCpME9sWu2oH5zVNk3Oc18Kk_BDjH27aMoy_1gbO48GEkfe6L4MjXfmpqT4xTDD1G97N2A0zz02pCEhoV3wWZNykOo3n-9Gp02hOC_ZtCmpmpfeTuNUcPPXl_y15BZYywGmdpjtkFWZUpwjzeb57ERYnGAnX4AS3jZUyGlvdxKoaVG2yuiy8hungkymi_Hz_aGYJtq_Kqj520eWsw129dlu9tLMWC7bwEejZsazIOKGSopvhMgiJxxPmUxESllR4SHgQUEdSjHpYJXFiLhKqUNSUSV-6jiu8DSh0uh21CZYU6B9kqGQsEJUJFXDEUooggqfKYyIowV4u6qiXMmlEeQSiBRMZwZTgwGhhPIX3n3XuGSPRw9VF1GwQ9yz029F9Ccq5mqLM7PAVul-6ru4PS2Bp1U0M_fCpQ6OsX1YT3Vw3WuZu6y-Tt2EBcZWf5kWWoTDsj9QOzA7kaNfs0S9tmeas |
| link.rule.ids | 315,782,786,1408,27933,27934,46064,46488 |
| linkProvider | Wiley-Blackwell |
| linkToHtml | http://sdu.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwpV1JS8NAFH6oBZeDu1itGlA8CJE0mSU5KGhd0VZxvw3JzARFbEVb8eh_8B_6S3wzSWoFEUTIIZBJMrxtvje89w3ACk1iz08oJjmhR10S-dJNcBlGhSA4UooqJu0htue8cRPu7BqanI2iFybjh-huuBnPsPHaOLjZkO7x8sfWw_O6af0M-qFEGFqi6eAITruBmAd-RkZAI7dKeJizk5pCnq93v61HJSPa129gM2--70WudunZG_vnpMdhNMeczlZmJBPQp5uTMFiUvE_CSA8p4RRsouU4Gamx00qdmgXWtrDLwaudPbyzfZQfb-9neY3ti3Zqty2MOtNwubd7UTtw81MWXEkQ67mJqqokZYphpIlVGNEgTjlhMqI8rcYRjcOQeYph4sOrqZfEMmWaYCLEFVG-58tgBgaaraaeBUdJDBEq0iqRCMykDmOEU5oiiGc64DIsw3Iha_GYkWmIIgkxghFWMGVYtWroDomf7k35GafiurEvzurU347IjbgqQ6XQk8g9Dz9hjkw3Df5RGRyju55HP_xqzWrrl9mI05P6ub2b-8vgJRg6uKgfi-PDxtE8DCPMIlmZZAUG2k8dvQD9z6qzaA32Ewp16tQ |
| linkToPdf | http://sdu.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwpV1tS8MwED6cgugHX6bifC0ofhAqXZs0LYig06no5nC-7FtokxRF3Iab4kf_g__QX-IlbecEEUToh0LSNtzlLs-Vu-cANmkcOW5MMcgJHGqT0BV2jMcwKgTBkZRU-sI0sW2yeis4PNI0Obt5LUzKDzH44aYtw_hrbeBdmQwZebfz2NvRlZ9eAcYI4nDNnO95jYEfZp6bchHQ0C4TFmTkpDqP5-vZb8fRmJbs6zesmdXeDwNXc_JUp_-35hmYyhCntZ9ukVkYUe0ijOcJ70WYHKIknIM93DdWSmlsdRKrYmC1Seuy8Oqng_emivLj7f0yy7B9UVblroM-Zx6uq0dXlRM767FgC4JIz45lWcaJL330M5EMQupFCSO-CClLylFIoyDwHelj2MPKiRNHIvEVwTCISSJdxxXeAoy2O221CJYU6CBkqGQsEJYJFUQIphRFCO8rj4mgBBu5qHk3pdLgeQiiBcONYEqwZbQwmBI9PejkM0b5bf2YX9aoexCSFr8pwUquJp7ZHb5CN0zX5f1hCSytuqGhHz61bZT1y2p446LWNHdLf5m8DuONwyo_P62fLcMEYiyS5kiuwGj_6VmtQqEnn9fMdv0EPsfpeg |
| openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=The+Effect+of+Competition+on+the+Efficient%E2%80%93Responsive+Choice&rft.jtitle=Production+and+operations+management&rft.au=Wang%2C+Tong&rft.au=Thomas%2C+Douglas+J.&rft.au=Rudi%2C+Nils&rft.date=2014-05-01&rft.issn=1059-1478&rft.eissn=1937-5956&rft.volume=23&rft.issue=5&rft.spage=829&rft.epage=846&rft_id=info:doi/10.1111%2Fpoms.12093&rft.externalDBID=10.1111%252Fpoms.12093&rft.externalDocID=POMS12093 |
| thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=1059-1478&client=summon |
| thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=1059-1478&client=summon |
| thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=1059-1478&client=summon |