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We analyze the classical inventory model with backordering, where the inventory position is controlled by an order level, order quantity policy. The cost for a backorder contains a fixed and a time-proportional component. Demand can be driven by any discrete process. Order lead times may be...
Persistent link: https://www.econbiz.de/10010837915
We analyze the classical inventory model with backordering, where the inventory position is controlled by an order level, order quantity policy. The cost for a backorder contains a fixed and a time-proportional component. Demand can be driven by any discrete process. Order lead times may be...
Persistent link: https://www.econbiz.de/10004972194
In the classical newsvendor model, when demand is represented by the normal distribution singly truncated at point zero, the standard optimality condition does not hold. Particularly, we show that the probability not to have stock-out during the period is always greater than the critical...
Persistent link: https://www.econbiz.de/10011112212
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How are the ASEAN+1 free trade agreements facilitating the flow of goods in the supply chain in East Asia? This chapter looks at the experience of the Philippine automotive and electronic sectors"-two sectors that are well integrated into the supply network in East Asia. Using firm interviews,...
Persistent link: https://www.econbiz.de/10009769372
Large purchasers, or "focal organisations", exert considerable control over their value chains, particularly in the food sector. This paper draws on original qualitative research about the UK beef sector to explore how large purchasers are organising supply-chain eco-innovation. Livestock...
Persistent link: https://www.econbiz.de/10009748639
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Linking small farmers to modern markets, whether domestically or for export, increasingly entails participation in modern supply chains coordinated by contract farming. Concerns have been raised regarding the possible disadvantages from contract farming facing small farmers. Most empirical work...
Persistent link: https://www.econbiz.de/10010354556
The rapid appraisal is mainly based on the interview of select players in various levels of the palay/rice value chain from Pangasinan and Nueva Ecija to Metro Manila. It finds that the paddy and rice supply chain is multilayered with many competing players in each layer with no evidence of any...
Persistent link: https://www.econbiz.de/10010356791