Should Multiple Points of Product Differentiation Coexist?

 

Aydin Alptekinoglu

Decision and Information Sciences Department

Warrington College of Business

University of Florida

 

The main benefit of postponement comes from a demand pooling effect due to delayed allocation of generic parts into end-products.  But, there is often an important downside: The longer the delay (in differentiating the product) the narrower is the breadth of product variety that can be produced from the generic part.  That is, longer delay enables demand pooling over a longer period of time, but for fewer end-products.  In order to capture these two opposing forces on the pooling effect, we propose a model that allows multiple points of product differentiation to coexist.

 

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