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Keren [The single-period inventory problem: extension to random yield from the perspective of the supply chain. Omega 2009;37:801–10] considers a supply chain in which the distributor faces a known demand and orders from the producer subject to a random production yield, and shows that the...
Persistent link: https://www.econbiz.de/10010577437
This paper considers a supplementary supply-order system in a multi-period situation. In each period, the buyer first places an initial order based on the demand prediction; he has the opportunity to place a supplementary order with the supplier after the demand of that period is realized. The...
Persistent link: https://www.econbiz.de/10008865221
We study the acquisition and production planning problem for a hybrid manufacturing/remanufacturing system with core acquisition at two (high and low) quality conditions. We model the problem as a stochastic dynamic programming, derive the optimal dynamic acquisition pricing and production...
Persistent link: https://www.econbiz.de/10010719573
This paper explores a generalized supply chain model subject to supply uncertainty after the supplier chooses the production input level. Decentralized systems under wholesale price contracts are investigated, with double marginalization effects shown to lead to supply insufficiencies, in the...
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We study optimal pricing and order policies in supply chain management of fashion products (e.g., a fashion apparel category) with consideration of product returns between supply chain partners (B2B). In order to study channel performance and optimal policies, two stochastic models for...
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Environmental legislation and customer expectations increasingly force manufacturers to take recovery of used products into account in their production and inventory management. One of the areas concerned is production planning with returned products remanufacturing. In this paper, we discuss...
Persistent link: https://www.econbiz.de/10008738745