Showing 1 - 10 of 187
assumption of non-increasing price-dependent demand. We show that the existence of retailer inventory between periods causes the …
Persistent link: https://www.econbiz.de/10010597590
The aim of this paper is to analyse the operational response of a Synchronised Supply Chain (SSC). To do so, first a new mathematical model of a SSC is presented. An exhaustive Latin Square design of experiments is adopted in order to perform a boundary variation analysis of the main three...
Persistent link: https://www.econbiz.de/10010597625
Due to evaporation, obsolescence, spoilage, etc., some products (e.g., fruits, vegetables, pharmaceuticals, volatile liquids, and others) not only deteriorate continuously but also have their expiration dates. To attract new buyers and increase sales, a seller frequently offers its buyers a...
Persistent link: https://www.econbiz.de/10010738158
, cultural and demographic differences and variations in store format. Accounting for these variations appropriately in inventory … store demands leads to a higher expected profit, for a given inventory and total mean demand. If more than one inventory …-optimizing store inventory policies in midseason. In this paper, we formulate a dynamic stochastic optimization model that determines …
Persistent link: https://www.econbiz.de/10010871106
This paper proposes an adaptive fuzzy control application to support a vendor managed inventory (VMI). The methodology … management in allocating inventory by coordinating suppliers and buyers to ensure minimum inventory levels across a supply chain …
Persistent link: https://www.econbiz.de/10010871230
In this paper we analyze the interval availability of a two-echelon, multi-item spare part inventory system. We …
Persistent link: https://www.econbiz.de/10010662530
in case the manufacturer’s inventory falls short. We suggest a stochastic calculus framework to study the problem and … reduce the volatility of both inventory and production orders, the ratio between expected direct channel and retail sales …
Persistent link: https://www.econbiz.de/10011052635
In 2014, Wang et al. (2014) extended the model of Lou and Wang (2012) to incorporate the credit period dependent demand and default risk for deteriorating items with maximum lifetime. However, the rates of demand, default risk and deterioration in the model of Wang et al. (2014) are assumed to...
Persistent link: https://www.econbiz.de/10011052745
This paper presents a review of the literature on inventory and supply chain management of blood products. First, we …
Persistent link: https://www.econbiz.de/10011052777
the retailer in turn provides a trade credit of R periods to her/his buyer to stimulate sales and reduce inventory. From …
Persistent link: https://www.econbiz.de/10011052781