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This paper discusses how a manufacturer and its retailers interact with each other to optimize their product marketing strategies, platform product configuration and inventory policies in a VMI (Vendor Managed Inventory) supply chain. The manufacturer procures raw materials from multiple...
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This paper investigates a decentralized assembly system that consists of one manufacturer and multiple suppliers who produce the complementary components. In a single selling season, the manufacturer initially sets a vendor inventory liability period (VILP) to control the suppliers' delivery...
Persistent link: https://www.econbiz.de/10012838190
is affected by the symmetric and asymmetric properties of the demand distribution. Finally, based on the Pareto …
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, stochastic demand, and the explicit consideration of inventories. With appropriate salvage value functions, a Markov equilibrium …
Persistent link: https://www.econbiz.de/10014040384
To mitigate the bullwhip effect in a supply chain, Lee et al. (1997) advocated the idea of sharing demand and order … chain because of the underlying demand characteristics and replenishment lead times. In addition to this core bullwhip … effect, we show how various operational deviations (inaccurate order placements, batching, lag in sharing demand forecast …
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