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This study deals with managing two differentiated versions of the same product by developing analytical models using Lagrangean relaxation and dynamic programming schemes. We assume market demand is price-dependent and partially substitutable between the new and remanufactured goods, and supply...
Persistent link: https://www.econbiz.de/10010869113
This paper deals with the economics of a closed-loop supply chain and the decision-making in a hybrid manufacturing system. We develop analytic models and quantify the potential profits gain generated by such a hybrid system that collects, remanufactures, and remarkets the end-of-use products as...
Persistent link: https://www.econbiz.de/10010987572
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This paper considers a monopolistic retailer who stocks a single product that is subject to continuous decay, faces a price-dependent and time-varying demand, and has the objective of determining replenishment schedule and selling price to maximise the total profit stream over multi-period...
Persistent link: https://www.econbiz.de/10008539513
This paper considers a monopolistic retailer who stocks a single product that is subject to continuous decay, faces a price-dependent and time-varying demand, and has the objective of determining replenishment schedule and selling price to maximise the total profit stream over multi-period...
Persistent link: https://www.econbiz.de/10005225573
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This study focused on an area of emerging research: managing a multi-product and multi-echelon supply chain which produces and sells deteriorating goods in the marketplace. We formulated four profit-maximization models by considering the effects of channel coordination and a joint replenishment...
Persistent link: https://www.econbiz.de/10009202085
This paper deals with the problem of coordinating a vertically separated distribution system under vendor-managed inventory and consignment arrangements. We formulate the profit-maximization problem and carry out equilibrium analysis under cooperative and non-cooperative settings. In addition, a...
Persistent link: https://www.econbiz.de/10009202245