Research Article

Delivery Service Optimization When the Information on the Consumers’ Time Values Is Asymmetric

Table 1

The optimal decisions and the resulting profits under different delivery service schemes.

Providing single ordinary deliveryProviding single ordinary deliveryProviding mixed ordinary and expedited delivery

Lead time for ordinary delivery ()0.7071
Price for ordinary delivery ()8.1727
Lead time for expedited delivery ()0.50.5
Price for expedited delivery ()1511
Firm’s profit ()