Under the combined effects of inventory-level-dependent demand (ILDD) and trade credit, the retailer is able to order more quantities to stimulate market demand. However, from the supplier's perspective, two important issues are lacking sufficient attention. First, during the credit period, the...

Purpose: Correlation-based storage assignment approach has been intensively explored during the last three decades to improve the order picking efficiency. The purpose of this study is to present a comprehensive assessment of the literature about the state-of-the-art techniques used to solve...

This paper is devoted to the development of heuristics for the dynamic pricing problem. A discrete time model of dynamic pricing on the fixed time horizon is proposed. It is applicable to products that satisfy two properties: 1) product value expires at a certain predetermined date, and 2)...

This study develops an inventory management system for non-instantaneous deteriorating items in a supplier-retailer-customer supply chain. The proposed model considers carbon emissions during production and applies a carbon tax to regulate the emission. Promotional prices are considered to boost...

Inventory control aims to meet customer demands at a given service level while minimizing cost. As a result of market volatility, customer demand is generally changing, and ignoring this uncertainty could lead to under or over-estimation of inventories resulting in shortages or inefficiencies....

Forecasting demand and determining safety stocks are key aspects of supply chain planning. Demand forecasting involves predicting future demand for a product or service using historical data and other external and internal drivers. Stockouts and excess production can be reduced by accurately...

The increased frequency of purchases and growing distances between the final distribution points of the perishable products and consumers are contributing to multiple handling, high intermediation, and a greater concentration of outlets selling perishables goods. These in turn have increased...