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Z. Kevin Weng
Researcher at University of Wisconsin-Madison
Publications - 15
Citations - 1598
Z. Kevin Weng is an academic researcher from University of Wisconsin-Madison. The author has contributed to research in topics: Lead time & Newsvendor model. The author has an hindex of 14, co-authored 15 publications receiving 1569 citations. Previous affiliations of Z. Kevin Weng include Georgia Institute of Technology.
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Channel coordination and quantity discounts
TL;DR: In this paper, the authors present a model for analyzing the impact of joint decision policies on channel coordination in a system consisting of a supplier and a group of homogeneous buyers, where the joint decision policy characterized by the unit selling price and the order quantity is coordinated through quantity discounts and franchise fees.
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Modeling quantity discounts under general price-sensitive demand functions: Optimal policies and relationships
TL;DR: In this article, the authors investigated the effect of quantity discounts on increasing demand and ensuring pareto-efficient transactions under general price-sensitive demand functions, and they developed simple and efficient solution approaches for determining the all-unit and the incremental optimal decision policies for general price sensitive demand functions.
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Coordinating order quantities between the manufacturer and the buyer: A generalized newsvendor model
TL;DR: The analysis of the generalized newsvendor model developed yields the insights into the coordination structure between the manufacturer and the buyer.
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Pricing and ordering strategies in manufacturing and distribution alliances
TL;DR: In this paper, the effect of coordination in a manufacturing and distribution system consisting of one manufacturer and one distributor is studied, where the system operates to meet price-sensitive random demand with the objective of maximizing expected profits of both the manufacturer and the distributor.
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Integrating early sales with production decisions: analysis and insights
Z. Kevin Weng,Mahmut Parlar +1 more
TL;DR: In this article, the authors developed a model to assess the multiple effects of coordinated stocking and prior-sale discount decisions: (i) reduction of demand uncertainty, (ii) maximization of the expected profit, and (iii) probability of achieving or exceeding it.