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Current studies indicate that buyers can improve lead‐time performance and reduce total inventory‐system costs by … shipment decreases and typically comprise a sizeable portion of total logistics cost. Investigates the role of transportation … transportation costs explicitly and then used to conduct 54 experiments to measure the gains or losses in total logistics costs under …
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Recent models comparing inventory costs under just‐in‐time (JIT) purchasing plans and economic order quantity (EOQ …) purchasing plans have tended to favor EOQ purchasing in situations where annual demand of inventory is moderately large. Contends … series of inventory purchasing cost models that extend prior methodology by Fazel by including relevant physical distribution …
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The implementation of an online procurement system has never been easy due to the barriers created by the different hardware/software, diverse corporate culture and varying users’ skills of interacting with IS/IT. Recent development in knowledge management technology may help alleviate the...
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Purpose This paper aims to present a set of five models for the economic order quantity problem. Four models solve problems for a single product: incremental discounts with or without backorders and all-unit discounts with or without backorders, and the last model solves problems for the...
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This paper examines the effects of price and brand information on consumer risk in making purchase decisions. The introduction of non-monetary risk reinvigorates a promising research stream that has investigated the relationship of market cues and buying behavior. The research results strongly...
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