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In this thesis we examine several business scenarios in which the owner (principal) of an inventory system, who is risk-neutral, delegates its design and/or implementation to an agent (internal manager, external supplier, or consultant) whose hidden effort influences the duration of the item's...
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This dissertation develops optimal/near-optimal allocation and replenishment policies for a multi-level, periodic-review, fixed-route logistics system which is comprised of a Logistics Center and several non-identical retailers located along a fixed route. The Logistics Center coordinates the...
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“Wrong-product” delivery - the delivery of a product different from that desired - is a significant, but as yet unexplored problem in supply-chain management research. There are basically two reasons for wrong-product delivery: either the wrong product is mistakenly ordered or the right...
Persistent link: https://www.econbiz.de/10008728043
This paper examines the introduction of information-sharing into the supply chains for pharmaceutical products in the United States. This introduction was unusual for several reasons. First, it was catalyzed from outside the industry, by a Securities and Exchange Commission (SEC) investigation...
Persistent link: https://www.econbiz.de/10008614973
We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier may be unreliable. By unreliable we simply mean that the marginal amount received from a supplier is no more than, and typically is less than, the marginal amount ordered from the supplier. In...
Persistent link: https://www.econbiz.de/10005553595