Coordinating inventory control and pricing strategies: The continuous review model

Coordinating pricing and periodic review replenishment decisions in a two-echelon supply chain using quantity discount contract

In this paper, the coordination of pricing and periodic review inventory decisions in a supplier-retailer supply chain (SC) is proposed. In the investigated SC, the retailer faces a stochastic price dependent demand and determines the review period, order-up-to-level, and retail price. On the other hand, the supplier decides on the replenishment multiplier. Firstly, the decentralized and centra...

Coordination of R&D Effort, Pricing, and Periodic Review Replenishment Decisions in a Green Supply Chain through a Delay in Payment Contract

This study contributes to the literature on supply chain coordination by coordinating the research and development (R&D) effort, retail price, and inventory decisions. It investigates a real case in the home appliance industry. The main purpose of this study is to examine the optimal values of R&D effort, pricing, and inventory decisions under decentralized and centralized structures. Then, a d...

Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost

(Q,r) Stochastic Demand Inventory Model With Exact Number of Cycles

In most stochastic inventory models, such as continuous review models and periodic review models, it has been assumed that the stockout period during a cycle is small enough to be neglected so that the average number of cycles per year can be approximated as D/Q, where D is the average annual demand and Q is the order quantity. This assumption makes the problem more tactable, but it should not ...

(Q,r) Stochastic Demand Inventory Model With Exact Number of Cycles

In most stochastic inventory models, such as continuous review models and periodic review models, it has been assumed that the stockout period during a cycle is small enough to be neglected so that the average number of cycles per year can be approximated as D/Q, where D is the average annual demand and Q is the order quantity. This assumption makes the problem more tactable, but it should not ...