A mathematical example of the two-echelon inventory model with asymmetric market information
نویسنده
چکیده
This paper examines the extended two-echelon newsboy problem for a manufacturer and retailer in a supply chain with asymmetric market information. In this scenario, the retailer has better knowledge of the market s demand, and the manufacturer perceives the same demand. This applied model presents how the manufacturer can take advantage of the retailer s market information and improve the efficiencies in the supply chain channel. 2004 Elsevier Inc. All rights reserved.
منابع مشابه
Simultaneous Pricing, Routing, and Inventory Control for Perishable Goods in a Two-echelon Supply Chain
Due to the rapid development of technology in recent years, market competition and customer expectations have increased more than ever. In this situation, it is vital for businesses survival to determine the appropriate policy for inventory control, pricing, and routing, and decisions regarding each of them are often made separately. If the products have a perishable nature, it will be more imp...
متن کاملAn Introduction to Hybrid Model Inventory Control with a Green Supplier Selection Model under Uncertainty
In the current decade, determining the most appropriate supplier as a strategic factor in the supply chain has attracted lots of consideration. On the other hand, organizations do necessary measures to implement green supply chain management in order to improve environmental and economic performance. An important way to implement green supply chain management, could be revising the method of pu...
متن کاملPricing decisions in a two-echelon decentralized supply chain using bi-level programming approach
Pricing is one of the major aspects of decision making in supply chain. In the previous works mostly a centralized environment is considered indicating the retailers cannot independently apply their decisions on the pricing strategy. Although in a two-echelon decentralized environment it may be possible that supply chain contributors have encountered with different market power situations which...
متن کاملA single-vendor and a single-buyer integrated inventory model with ordering cost reduction dependent on lead time
Lead time is one of the major limits that affect planning at every stage of the supply chain system. In this paper, we study a continuous review inventory model. This paper investigates the ordering cost reductions are dependent on lead time. This study addressed two-echelon supply chain problem consisting of a single vendor and a single buyer. The main contribution of this study is that the in...
متن کاملمدل و الگوریتم یک مساله کنترل موجودی با در نظر گرفتن هزینه حمل و نقل
In this paper, a supplier-retailer transportation system is investigated as a two-echelon environment. There is a single location in each echelon; the unique supplier at the first echelon has to replenish the retailer's warehouse at the second echelon. By the way, the shortage situation should be avoided. For this situation, a model is provided based on the traditional EOQ model. The inventory ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Applied Mathematics and Computation
دوره 162 شماره
صفحات -
تاریخ انتشار 2005