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types of products are substitutable each other to end customers. The manufacturer makes its decision on raw materials …
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With the development of the 4th Industrial Revolution technology, the digitalization of supply chain is also receiving a lot of attention. With various technological developments, the importance of digital transformation in a firm's supply chain is increasing. Therefore, for a more comprehensive...
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We study the disposition decision for product returns in a closed-loop supply chain. Motivated by the asset recovery … disposition decision which explicitly incorporates demand uncertainty can increase profits significantly. We discuss analogies …
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Product flows in today’s supply chains do not end once they have reached the customer. Many products lead a second and even third or fourth life after having accomplished their original task at their first customer. Consequently, a product may generate revenues multiple times, rather than a...
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The past decade has seen a virtual explosion of information about customers and their preferences. This information potentially allows companies to increase their revenues, in particular since modern technology enables price changes to be effected at minimal cost. At the same time, companies...
Persistent link: https://www.econbiz.de/10014073574
In this note we present an efficient exact algorithm to solve the joint pricing and inventoryproblem for which Bhattacharjee and Ramesh (2000) proposed two heuristics. Our algorithmappears to be superior also in terms of computation time. Furthermore, we point out several mistakes in the paper...
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Ports provide jetty facilities for ships to load and unload their cargo. Jetty capacity is costly and therefore limited, causing delays for arriving ships. However, ship delays are also costly, so terminal operators attempt to min imize their number and duration. Here, simulation has proved to...
Persistent link: https://www.econbiz.de/10014029725
Logistics network design is commonly recognized as a strategic supplychain issue of prime importance. The location of production facilities,storage concepts, and transportation strategies are major determinantsof supply chain performance. This chapter considers logistics network design for the...
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