Many theoretical models adopt a normative approach and assume that decision makers are perfect optimizers. In contrast, this paper takes a descriptive approach and considers bounded rationality, in the sense that decision makers are prone to errors and biases. Our decision model builds on the...

This paper shows that an ARMA demand generates an ARMA order history when ordering decisions are made based on an order-up-to policy. The order history preserves the autoregressive structure of the demand and transforms its moving average structure according to a simple algorithm. We apply this...

We examine the placement of safety stocks in a supply chain for which we have an evolving demand forecast. Under assumptions about the forecasts, the demand process, and the supply chain structure, we show that safety-stock placement for such systems is effectively equivalent to the...

We study a supply chain where an upstream supplier auctions his inventory or capacity as a bundle. The importance of this setting is twofold: From a practical point of view, there are several examples, both in manufacturing (e.g., auctioning the capacity of a wafer fabrication facility) and...

A obtenção de características da qualidade desejáveis pelo consumidor de carne bovina está ligada ao gerenciamento da qualidade desde as propriedades rurais de pecuária de corte, frigoríficos e supermercados ou açougues. As características da qualidade da carne bovina dependem dos...

This paper examines the influence of agri-food supply chains on the sustainability-related activities and decisions of Scottish farmers, as well as the treatment of sustainability issues by food processors and retailers themselves. It is based on 8 whole chain case studies covering some of...

ASupply chain management brings together and balances the end to end activities of a business from raw material and other inputs, through value added processes, to product or service delivery to the end customer. Tight trading conditions globally have amplified the needs, the benefits, and the...

Rapid development of technologies and their penetration into all sectors generates a wide range of streamlining of production and trade processes. Electronic commerce is the area in which information and communication technology (ICT) is an essential and indispensable element. It is based on the...

SCM is both a theory and an applied style. That's an approach that reduces cost or saves money for increasing customer satisfaction. Nowadays, the progress of technologies is faster than in the past. So, it seems to be very necessary that the supply chain has to convert to a supply network....

This article examines the experiences of small ethnic minority-owned businesses (EMBs) engaged in supply chain relationships with large purchasing organizations (LPOs). Working with the complementary frameworks of Edwards et al. (2006) and Kloosterman et al. (1999), we assess the effects on the...