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Inventory Management and production planning are essential tasks for every company in the industry. Therefore, the development of a large set of Economic Order Quantity (EOQ) models is needed. In this paper, a fuzzy multi-item Economic Production Quantity (EPQ) model is developed. This paper...
Persistent link: https://www.econbiz.de/10011043372
Advanced inventory policies require timely system-wide information on inventories and customer demand to accurately control the entire supply chain. However, the presence of unsynchronized processes, processing lags or inadequate communication structures hinder the widespread availability of...
Persistent link: https://www.econbiz.de/10011043393
In this paper, we consider multiple manufacturers and a common retailer in a supply chain facing uncertain demand. Each manufacturer produces a different yet substitutable product sold through the common retailer, and a portion of the manufacturers sell their products through the direct channels...
Persistent link: https://www.econbiz.de/10011043410
The main purpose of this paper was to carry out a systematic analysis of the particularities and trends pertaining to the development of biofuels in Brazil—a country which has demonstrated its leadership in this field during the last 40 years. The Brazilian experiences with biofuels are often...
Persistent link: https://www.econbiz.de/10011046772
Conducting business operations at the Base of the Pyramid (BoP) have necessitated the need for multinational corporations (MNCs) to involve poor communities in production processes including management of critical supply chains. However, current research on the interface between supply chain...
Persistent link: https://www.econbiz.de/10011049619
We consider a supply chain in which a producer supplies a fresh product, through a third-party logistics (3PL) provider, to a distant market where a distributor purchases and sells it to end customers. The product is perishable, both the quantity and quality of which may deteriorate during the...
Persistent link: https://www.econbiz.de/10011051821
The oil supply chain is facing new challenges due to emerging issues such as new alternative energy sources, oil sources scarcity, and price variability with high impact on demand and production and profit margins reduction. Additionally, the existence of large, complex and world wide spread...
Persistent link: https://www.econbiz.de/10011051847
Retailers have an incentive to cooperate in the form of group buying (GB) when a supplier provides quantity discounts, because wholesale price under GB depends on total purchasing quantity rather than individual purchasing (IP) quantity. Most previous studies on GB focus on the benefits that...
Persistent link: https://www.econbiz.de/10011051856
In this paper we propose exact solution methods for a bilevel uncapacitated lot-sizing problem with backlogs. This is an extension of the classical uncapacitated lot-sizing problem with backlogs, in which two autonomous and self-interested decision makers constitute a two-echelon supply chain....
Persistent link: https://www.econbiz.de/10011052403
In this paper, we consider a supply chain with one manufacturer, one retailer, and some online customers. In addition to supplying the retailer, manufacturers may selectively take orders from individuals online. Through the Markov Decision Process, we explore the optimal production and...
Persistent link: https://www.econbiz.de/10011052436