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This paper examines the effect of information sharing on supply chain configuration where the market characterized by demand uncertainty. A dynamic multi-stage game theoretic model with incomplete information is employed to capture the sequence of events. Our supply chain consists of two...
Persistent link: https://www.econbiz.de/10011109348
In this paper we investigate the convexity of the annual total cost function for the Hadley & Whitin (1963) continuous review (Q,R) inventory model with backorders and fixed lead-time, when the reorder point is non-negative and the cost per unit backordered is used to calculate the expected...
Persistent link: https://www.econbiz.de/10011110030
This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two firms that compete on the amount of output they produce under demand uncertainty. A game theoretic model applies such that in the first stage firms choose their production...
Persistent link: https://www.econbiz.de/10011257966
In this paper we investigate the minimization process of the exact cost function for a continuous review (Q,R) inventory model with non-negative reorder point and fixed lead-time. Backorders are allowed and the unit shortage cost is used to determine the expected annual shortage cost. Provided...
Persistent link: https://www.econbiz.de/10011112632
Demand patterns for products with seasonality and or short life-cycles do not follow a clear discernible pattern (to allow predictive time-series modeling of demand) for individual sales events or seasons due to such factors as considerable demand volatility, product promotions, and unforeseen...
Persistent link: https://www.econbiz.de/10005040689
Research Project Management Process, implies the allocation of important human and financial resources to guarantee fulfilling of the goal by respecting the pre-defined schedule, under the conditions of expected quality. Considering that, informatics is looking for solutions to support the teams...
Persistent link: https://www.econbiz.de/10005042712
Managing the information flow within a big organization is a challenging task. Moreover, in a distributed decision-making process conflicting objectives occur. In this paper, artificial adaptive agents are used to analyze this problem. The decision makers are implemented as Classifier Systems,...
Persistent link: https://www.econbiz.de/10005623274
The design of supply chain networks subject to disruptions is tackled. A genetic algorithm with the objective of minimizing the design cost and regret cost is developed to achieve a reliable supply chain network. The improvement of supply chain network reliability is measured against the supply...
Persistent link: https://www.econbiz.de/10011107294
Supply Chain Risk Management (SCRM) is an increasingly popular subject of research which emphasizes the goals of achieving improved supply chain robustness through development of design and operational strategies. Disruption management is one aspect of SCRM which examines the ability of the...
Persistent link: https://www.econbiz.de/10011109701
A company’s performance significantly depends on how well a company manages its finances keeping in view the short term hurdles and long term goals. One objective of financial statement analysis is to determine firm value. Research suggests that a firm’s value is a function of the...
Persistent link: https://www.econbiz.de/10011258506