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Consignment or wholesale: Retailer and supplier preferences and incentives for compromise

Matta, Renato E. de; Lowe, Timothy J.; Zhang, Dengfeng - In: Omega 49 (2014) C, pp. 93-106

We consider two independently managed parties, a retailer and a supplier, that are considering either a wholesale or a consignment contract to produce and market a single good. Both parties have an interest in reaching an agreement, but their first choice of contract type are generally not the...

Persistent link: https://www.econbiz.de/10010931250

The effect of preservation technology investment on a non-instantaneous deteriorating inventory model

Dye, Chung-Yuan - In: Omega 41 (2013) 5, pp. 872-880

Considering an inventory system with a non-instantaneous deteriorating item, our objective is to study the effect of … preservation technology investment on inventory decisions. The generalized productivity of invested capital, deterioration and time …-depend partial backlogging rates are used to model the inventory system. The basic results of fractional programming are employed to …

Persistent link: https://www.econbiz.de/10010608447

A delayed demand supply chain: Incentives for upstream players

Hosoda, Takamichi; Disney, Stephen M. - In: Omega 40 (2012) 4, pp. 478-487

We study a decentralized supply chain where only delayed market demand information is available for making replenishment decisions. The impact of this delay is quantified in a serially linked two-level supply chain where each player exploits the order-up-to replenishment policy. The market...

Persistent link: https://www.econbiz.de/10010870987

An integrated production and inventory model for a whole manufacturing supply chain involving reverse logistics with finite horizon period

Jonrinaldi; Zhang, D.Z. - In: Omega 41 (2013) 3, pp. 598-620

This paper proposes a model and solution method for coordinating integrated production and inventory cycles in a whole …

Persistent link: https://www.econbiz.de/10010588307

A supplement to the EPQ with partial backordering and phase-dependent backordering rate

Wee, Hui-Ming; Wang, Wan-Tsu - In: Omega 40 (2012) 3, pp. 264-266

In this note, we extend Pentico et al. (2011)'s [1] EPQ model where the authors considered two different backordering rates during shortage period; they assumed the backordering rate increases only from the start of production phase. We propose two models that allow the backordering rate to...

Persistent link: https://www.econbiz.de/10010573949

Economic order quantity model with trade credit financing for non-decreasing demand

Teng, Jinn-Tsair; Min, Jie; Pan, Qinhua - In: Omega 40 (2012) 3, pp. 328-335

Researchers in the past have established their inventory lot-size models under trade credit financing by assuming that …

Persistent link: https://www.econbiz.de/10010573977

Decision support for lead time and demand variability reduction

Fang, Xin; Zhang, Cheng; Robb, David J.; Blackburn, … - In: Omega 41 (2013) 2, pp. 390-396

Companies undertaking operations improvement in supply chains face many alternatives. This work seeks to assist practitioners to prioritize improvement actions by developing analytical expressions for the marginal values of three parameters – (i) lead time mean, (ii) lead time variance, and...

Persistent link: https://www.econbiz.de/10010580779

Optimizing inventory and marketing policy for non-instantaneous deteriorating items with generalized type deterioration and holding cost rates

Shah, Nita H; Soni, Hardik N; Patel, Kamlesh A - In: Omega 41 (2013) 2, pp. 421-430

This paper considers an inventory system with non-instantaneous deteriorating item in which demand rate is a function … optimal inventory and marketing parameters. In contrast to previous inventory models, an arbitrary holding cost rate and …

Persistent link: https://www.econbiz.de/10010580788

Optimal responses to stockouts: Lateral transshipment versus emergency order policies

Liao, Yi; Shen, Wenjing; Hu, Xinxin; Yang, Shilei - In: Omega 49 (2014) C, pp. 79-92

. In this study, under a single-period setting with two retail stores, we investigate the optimal inventory decisions under … effects of the customer requesting rate and switching rate on the optimal inventory decision. Through numerical analysis, the … two strategies are compared in terms of inventory levels and profitability. The results suggest that in addition to the …

Persistent link: https://www.econbiz.de/10011051823

The price-setting newsvendor with service and loss constraints

Jammernegg, Werner; Kischka, Peter - In: Omega 41 (2013) 2, pp. 326-335

Current performance measurement systems consider not only financial measures, like costs and profits, but also non-financial indicators with respect to customer service, quality and flexibility. Using the newsvendor model, we analyse the respective influence of these possibly conflicting...

Persistent link: https://www.econbiz.de/10011051824