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In a recent paper, Hoque (2011) developed two single-vendor multi-buyer models with synchronization by transferring the vendor′s lot with equal and/or unequal sized batches. He reported that his proposed models lead to significant cost reductions when compared to the existing related ones in...
Persistent link: https://www.econbiz.de/10011043381
This study presents a cost optimisation model for multi-variety (or multi-type) Recycled Waste Reverse Logistics System (RWRLS). A linear analytical model is formulated which minimises the total reverse logistics costs for multi-variety Recycled Waste Reverse Logistics System (RWRLS) subjected...
Persistent link: https://www.econbiz.de/10010669214
Information and communication technologies (ICT) for health or eHealth solutions hold great potential for generating systemic efficiencies by strengthening five critical pillars of a health system: human resources for health, supply chain management, health care financing, governance and service...
Persistent link: https://www.econbiz.de/10011203188
Inventory management augments business operations by effective flow of goods and services. It adds to profitability, competitive ability, service optimization, market diversification, etc. This article investigates the role of inventory management in fostering small firms’ growth. The...
Persistent link: https://www.econbiz.de/10011137534
Bei dem ifo Konjunkturtest Verarbeitendes Gewerbe werden auch Aspekte der Lagerhaltung und des Auftragsbestands abgefragt. Der Artikel wirft einen Blick auf diese Variablen und den Zusammenhang zwischen diesen. Es zeigt sich, dass auf oberster aggregierter Ebene das Fertigwarenlager und der...
Persistent link: https://www.econbiz.de/10011122665
In both entry deterrence theory and practice, customer sorting in response to stockouts determines the best reply responses of incumbents threatened by entry. People Express (PE) chose the right strategy but for the wrong entry game and ended up being deterred in the Southeast region by the...
Persistent link: https://www.econbiz.de/10005751531
A major cause of supply chain deficiencies is the bullwhip effect. Supply chain managers experience this variance amplification in both inventory levels and replenishment orders. In this paper, we analyse a major cause of the bullwhip effect, namely the classical Order-Up-To (OUT) policy and...
Persistent link: https://www.econbiz.de/10005754439
This paper investigates the optimal replenishment policy for multi-item ordering under the conditions of permissible delay in payment, a budget constraint and permissible partial payment at a penalty. Such conditions exist in the use of purchase cards to order merchandise directly from the...
Persistent link: https://www.econbiz.de/10005754454
After-sales service is a major profit generator for more and more OEMs in industries with durable products. Successful engagement in after-sales service improves customer loyalty and allows for competitive differentiation through superior service like an extended service period after end of...
Persistent link: https://www.econbiz.de/10008515969
Market makers learn about asset values as they set intraday prices and absorb portfolio flows. Absorbing these flows causes inventory imbalances. Previous work has argued that market makers change prices to manage incoming flows and offset inventory imbalances. This study argues that they have...
Persistent link: https://www.econbiz.de/10005769015