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  • © 2009

Consumer-Driven Demand and Operations Management Models

A Systematic Study of Information-Technology-Enabled Sales Mechanisms

  • Editors and contributors are leading scholars in Operations Management modeling of consumer behavior
  • Presents cutting-edge research on rational/strategic consumer demand and how to effectively reach the consumer
  • Provides new OM models for mixed sales channels, portals, auctions, group buying, and automatic markdown pricing
  • Includes supplementary material: sn.pub/extras

Part of the book series: International Series in Operations Research & Management Science (ISOR, volume 131)

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Softcover Book USD 199.99
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Hardcover Book USD 199.99
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Table of contents (18 chapters)

  1. Front Matter

    Pages i-xxi
  2. Rational Consumer Behavior: Endogenous Decision Making Mechanisms

    1. Front Matter

      Pages 1-1
    2. Cheap Talk in Operations: Role of Intentional Vagueness

      • Gad Allon, Achal Bassamboo
      Pages 3-36
    3. Product Design in a Market with Satisficing Customers

      • Matulya Bansal, Costis Maglaras
      Pages 37-62
    4. The Effect of Assortment Rotation on Consumer Choice and Its Impact on Competition

      • Felipe Caro, Victor Martínez-de-Albéeniz
      Pages 63-79
    5. Models of Herding Behavior in Operations Management

      • Laurens G. Debo, Senthil K. Veeraraghavan
      Pages 81-112
  3. Organizational Strategies for Managing Rational/Strategic Consumer Behavior

    1. Front Matter

      Pages 113-113
    2. Managing Client Portfolio in a Two-Tier Supply Chain

      • Basak Kalkanci, Seungjin Whang
      Pages 155-176
    3. Strategic Customer Behavior and the Benefit of Decentralization

      • Xuanming Su, Fuqiang Zhang
      Pages 177-201
  4. Product Strategies for Managing Rational/Strategic Consumer Behavior

    1. Front Matter

      Pages 203-203
    2. Is Assortment Selection a Popularity Contest?

      • Aydın Alptekinoğlu, Alex Grasas, Elif Akçalı
      Pages 205-228
    3. Product Design, Pricing, and Capacity Investment in a Congested Production System

      • Sergio Chayet, Panos Kouvelis, Dennis Z. Yu
      Pages 229-251
    4. Selling to Strategic Customers: Opaque Selling Strategies

      • Kinshuk Jerath, Serguei Netessine, Senthil K. Veeraraghavan
      Pages 253-300
    5. Competing Through Mass Customization

      • Ali K. Parlaktürk
      Pages 301-320
  5. Operational Strategies for Managing Rational/Strategic Consumer Behavior

    1. Front Matter

      Pages 321-321
    2. Counteracting Strategic Consumer Behavior in Dynamic Pricing Systems

      • Yossi Aviv, Yuri Levin, Mikhail Nediak
      Pages 323-352
    3. Capacity Rationing with Strategic Customers

      • Qian Liu, Garrett van Ryzin
      Pages 397-419

About this book

The consumer demand functions that drive traditional retail sales are the well-defined functions of price and product attributes (e.g., quality, style trends, etc.). However, these new sophisticated selling techniques—examples are mixed sales channels, portals, group buying, and auctions, each of which is enabled by information technologies, the Internet, or both—are changing and expanding consumer-driven demand in many ways. The underlying pattern of demand created by these evolving mechanisms will be a marked departure from traditional factors driving consumer demand.  To analyze and understand rational and strategic consumer demand, the editors have divided the book into five discrete sections that first consider rational consumer behavior and the endogenous decision making mechanisms behind it.  They then present sections on organizational strategies, product strategies, operational strategies, and, finally, pricing strategies for managing rational/strategic consumer behavior.  Together, this handbook provides the state-of-the-art OM models that will help the reader to understand and effectively respond to increasingly rational purchasing behavior.

 

CONSUMER-DRIVEN DEMAND AND OPERATIONS MANAGEMENT MODELS has been developed by two of the leading researchers in the POM/Marketing interface. It is comprised of commissioned chapters by top research scholars in supply chain management, revenue management, and e-commerce among others, all of which are grounded in information technologies and consumer demand research.

Reviews

From the reviews:

“The book under review is very well written with incredible informations about Operations Management and how big companies and the market works under these new concepts. The book is aimed to non-experts in the subject and I highly reccommend this book if you are interested in Operations Management Models. The book presents a diversified and several models which are adopted nowadays and the reading is very easy and enganging. Have a good reading!” (Inspire and Action Book Review Blog, inspireandaction.wordpress.com, November, 2013)

“This book introduces a variety of approaches and case analysis of revenue management and selling mechanisms at strategic organizational and operational level. … very well organized and the chapters are well written. … I liked this book because I found a lot of interesting new topics giving an extensive picture of the high dynamism of the strategic consumer behaviour … . a good value for money for researchers, practitioners involved in sales mechanisms and revenue management and for academic purposes … .” (G. Stecca, Journal of the Operational Research Society, Vol. 61 (12), 2010)

Bibliographic Information

Buy it now

Buying options

eBook USD 149.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access