Journal ArticleDOI
Pricing, manufacturing and inventory policies for raw material in a three-level supply chain
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The goal of the paper is to optimise the total cost of the supply chain network by coordinating decision-making policy using Stackelberg–Nash equilibrium and numerical examples are presented.Abstract:
We studied a decentralised three-layer supply chain including a supplier, a producer and some retailers. All the retailers order their demands to the producer and the producer order his demands to the supplier. We assumed that the demand is price sensitive and shortage is not permitted. The goal of the paper is to optimise the total cost of the supply chain network by coordinating decision-making policy using Stackelberg–Nash equilibrium. The decision variables of our model are the supplier's price, the producer's price and the number of shipments received by the supplier and producer, respectively. To illustrate the applicability of the proposed model numerical examples are presented.read more
Citations
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Journal ArticleDOI
Two-echelon imperfect production fuzzy supply chain model for reliability dependent demand with probabilistic deterioration and rework
Sudip Adak,G. S. Mahapatra +1 more
TL;DR: Managerial insights and the effect of changes in the parameters’ values on the optimal inventory policy under fuzziness are presented and the optimum average profit of the integrated model is evaluated for both the cases crisp and fuzzy environments.
Journal ArticleDOI
An Inventory Model for Decaying Items Under Preservation Technological Effect with Advertisement Dependent Demand and Trade Credit
TL;DR: In this article, an inventory model is elaborated for decaying products under the effect of preservation of items, which is a major factor in the study of inventory control techniques, and the optimal values of total cost, preservation technology cost and advertisement frequency are calculated.
References
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Journal ArticleDOI
Inventory Control and Price Theory
TL;DR: In spite of the high level of interest in inventory control that has sprung up recently among statisticians, economists, and businessmen, very little has been written that indicates the fundamental connection between price theory and inventory control.
Book ChapterDOI
Game Theory in Supply Chain Analysis
TL;DR: Game theory is a powerful tool for analyzing situations in which the decisions of multiple agents affect each agent's payoff as discussed by the authors and deals with interactive optimization problems, such as games with imperfect information and auctions.
Journal ArticleDOI
A Quantity Discount Pricing Model to Increase Vendor Profits
TL;DR: In this article, the authors analyze how a supplier can structure the terms of an optimal quantity discount schedule to maximize the supplier's incremental net profit and cash flow by adjusting its present pricing schedule to entice a major customer to increase its present order size by a factor of "K".
Journal ArticleDOI
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.
Journal ArticleDOI
Channel Selection and Coordination in Dual-Channel Supply Chains
TL;DR: In this article, the influence of channel structures and channel coordination on the supplier, the retailer, and the entire supply chain in the context of two single-channel and two dual-channel supply chains was investigated.