We study the affect on manufacturers and retailers of attaching radio frequency identification (RFID) tags at the item level in a vendor managed inventory (VMI) system. Our model has one manufacturer and one retailer. We first study the demand processes between an RFID system which uses...

Random yield affects production decisions and performances of all parties in a supply chain. We study a simple supply chain with one supplier and one retailer where there is random yield production and uncertain demand. We propose several risk sharing contracts that distribute the random yield...

This paper considers the problem of dynamic pricing and ordering decisions for a durable product with multiple generations in a supply chain with one manufacturer and one retailer. The manufacturer introduces a new generation of the durable product before the last generation exits from the...