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This study develops an integrated deteriorating inventory policy for a single-buyer–single-supplier model with multiple JIT deliveries considering the transportation cost, inspection cost and the cost of less flexibility. Distinct from the former concept of average inventory level, our paper...
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Data description and classification are important tasks in supervised learning. In this study, three supervised learning methods such as k-nearest neighbour (k-NN), support vector data description (SVDD) and support vector machine (SVM) are considered because they do not suffer from the problem...
Persistent link: https://www.econbiz.de/10010682873
This study considers the supplier's warranty return and the buyer's rebate policy as business-return policy in the supplier–buyer supply chain. The policy as well as the displayed stock level influences the behavior of the buyer. Distinct from the traditional single-stage inventory model, we...
Persistent link: https://www.econbiz.de/10010602021
In this note, we extend Pentico et al. (2011)'s [1] EPQ model where the authors considered two different backordering rates during shortage period; they assumed the backordering rate increases only from the start of production phase. We propose two models that allow the backordering rate to...
Persistent link: https://www.econbiz.de/10010573949
Due to the depletion of traditional energy resources, such as crude oil, coal, and natural gas, many initiatives all over the world have addressed the efficient use or replacement of these resources. Several renewable energy sources have been introduced as alternatives to traditional sources to...
Persistent link: https://www.econbiz.de/10010580704