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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...
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We study the impact of limited inventory on optimal salesforce compensation contracts. We use the framework of Oyer (2000), characterized by limited liability and rent sharing with the agent. A commonly invoked assumption in the inventory management literature is that the demand distribution...
Persistent link: https://www.econbiz.de/10012973751
We consider a stochastic multi-product inventory model with a ware-housing constraint with the objective of minimizing the expected long-run average cost. Using the vanishing discount approach, a dynamic programming equation and the corresponding verification result are established. The...
Persistent link: https://www.econbiz.de/10012836963
We propose a model where customers are classified into two groups: short lead-time customers who require the product immediately and long lead-time customers to whom the supplier may deliver either immediately or in the next cycle. Unmet orders are backlogged with associated costs. Specifically,...
Persistent link: https://www.econbiz.de/10012838119
We study a firm's optimal transshipment problem considering the impacts of setup costs for transshipment and demand distribution shapes. We assume that the demand follows a three-point distribution, which changes from a degenerate distribution, to a unimodal distribution, and to a bimodal...
Persistent link: https://www.econbiz.de/10012838121
1 Introduction -- 2 Inventory Management -- 3 Supply Chain Contracts -- 4 Service Level Contracts -- 5 Optimal Inventory Allocation -- 6 Optimal Channel Selection -- 7 Conclusion and Critical Review -- Bibliography
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