The importance of understanding the underlying characteristics of international crude oil price movements attracts much attention from academic researchers and business practitioners. Due to the intrinsic complexity of the oil market, however, most of them fail to produce consistently good...

This paper reports on the application of the sequential method, presented in a previous paper by Lai et al. in 2001, to determine optimal strategies of when to carry out a preventive maintenance action for an engine and when to replace an engine in use. The sequential method was run with real...

Purpose – The purpose of this paper is twofold: to investigate performance of both manufacturer-owned channel and traditional retail channel when the manufacturer encroaches upon the traditional channel in different forms (brick-and-mortar and online form) under different market structures...

Purpose – The purpose of this paper is to numerically analyze the coordinating mechanism of the revenue‐sharing contract in newsvendor products' supply chain. The contract considers stochastic and price‐dependent demand. Design/methodology/approach – The paper presents an analytical...

Purpose – This paper seeks to apply a framework of collaborative planning, forecasting and replenishment (CPFR) to develop a procurement model for agricultural products. Design/methodology/approach – Considering the biological nature, seasonality and perishable characteristics of...