Transportation industry is a fairly large industry in today's globalised world, and has significant effect too. Each and every big or small industry is bound to use the transportation facilities or logistics. The main problems in this logistics operation are optimising the cost, time, distance...

In this paper, we study the effect of lead time from the buyer's point of view on joint price and inventory optimisation problems in a continuous time setting using an average profit maximising model that extends the familiar EOQ model. The behaviour of the model is studied using numerical...

As the price competition gets fiercer among the large discount stores recently, there have been many changes in the market, such as the market expansions through M&A and super supermarket (SSM) business models. A new business model for the large discount stores and its efficient operation is...