Journal ArticleDOI
Optimal coordinated supply chain strategy with price and time sensitive demand
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TLDR
The results show that the vendor gets more advantage when the collaborative model is applied and the buyer's profit is bigger in the Stackelberg game model than the Collaborative model.Abstract:
In this study, inventory models are developed for coordinated supply chain using Stackelberg game framework. In the proposed model, customer demand is assumed to be price and time sensitive. The buyer attempts to adjust retail selling prices by charging premium or offering discount to the floor selling price depending upon the optimistic or declining market conditions. The aim of this research paper is to analyse the optimal pricing policy that maximises total profit for both the players under the principles of coordination, and competition. Some numerical examples are given to study the model. The results show that the vendor gets more advantage when the collaborative model is applied and the buyer’s profit is bigger in the Stackelberg game model than the collaborative model.read more
Citations
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EPQ Model for Time-Declining Demand with Imperfect Production Process under Inflationary Conditions and Reliability
Nita H. Shah,Bhavin J. Shah +1 more
TL;DR: In this article, an inventory model with imperfect production process is developed for time-declining demand pattern, with an objective to maximize total profit using Euler-Lagrange theory in a single item setting.
Dissertation
Optimal credit policy to increase supplier's profit with price dependent demand function = 가격과 수요의 관계를 고려한 최적 신용판매정책
Jun-Sik Kim,김준식 +1 more
TL;DR: In this paper, the problem of determining an optimal length of credit period from the perspective of supplier is addressed. But the authors assume that a retailer jointly determines the unit retail price and order size to maximize profit when he/she purchases a product for which the supplier offers a trade credit.
Journal ArticleDOI
Optimal selection of machining datum and machining tolerance allocation through tolerance charting
TL;DR: An optimisation model is formulated for selecting machining datum and tolerances and implemented with an evolutionary algorithm namely differential evolution (DE) in process planning.
Journal ArticleDOI
Organised agri-food (apple) supply chain in Indian scenario: reality or myth?
TL;DR: Over view of how existing apple supply chains is working in India and various businesses associated with it is provided to provide an over view of whether unorganised and big retail chains dependency on each other for apple supply chain.
Journal Article
Study on Stackelberg game of supply chain coordination with uncertain delivery
TL;DR: A kind of Stackelberg game of supply chain, where the leader is producer and the follower is supplier is discussed, and the solution is deduced and shows that Stackellberg game is effective and practical.
References
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Journal ArticleDOI
On-line computation of Stackelberg equilibria with synchronous parallel genetic algorithms
Nedim M. Alemdar,Sibel Sirakaya +1 more
TL;DR: In this article, the Stackelberg equilibria in sequential games are computed using a genetic algorithm and a neural network, where the leader is trained to evolve a population of rules to respond to any move in the leader's action space.
Journal ArticleDOI
Determining the optimal number of Kanban in multi-products supply chain system
TL;DR: This study uses optimal and meta-heuristic methods to determine the Kanban quantity and withdrawal lot sizes in a supply chain system and shows that both GA and GASA result in a near optimal solution, and they outdo the optimal method in term of run time.
Journal ArticleDOI
Inventory of a differential item sold from two shops under single management with shortages and variable demand
K. Das,Manoranjan Maiti +1 more
TL;DR: In this article, a profit maximization inventory model for a differential item, units of which are not in perfect conditions and are sold from two shops (primary and secondary shops) that are owned by a single management is formulated with variable demand.
Proceedings Article
Optimal joint vendor-buyer inventory strategy for deteriorating items with salvage value
TL;DR: It is shown numerically that the joint approach results in a significant cost reduction when compared with an individual decision by the buyer, and although the joint total cost decreases, the buyer's cost increases due to larger order.
Proceedings ArticleDOI
The Study on Stackelberg Game of Supply Chain Coordination with Uncertain Delivery
TL;DR: In this paper, a Stackelberg game of supply chain is discussed and the solution of the game is deduced, and a simulation about tail rolled steel products is done based on ShangHai BaoSteel industry and trade co.
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