Customers with positive demand lead times place orders in advance of their needs. A portfolio of customers with different demand lead times gives rise to what we call advance demand information. We develop effective inventory policies for a distribution system to account for this information. In particular, we study a centralized system with one warehouse serving multiple retailers under advanc...

high congestion of returned product at remanufacturing facility causes substantial delays and consequently remarketing value losses for time-sensitive and high-tech products with short life cycles, such as electronic equipments. at the remanufacturing site the returned product are inspected and classified according to their quality and processing time in one of the two classes: class 1 being ad...

Closed loop supply chain aims at integrating return products in the traditional supply chain processes. The return flows generate new uncertain elements (returns and leadtimes) and optimization of inventory control in this context is a complex issue. Inventory policies have to generate good performances (service level, cost) and be easy to implement in practice. A supply chain model based on si...

This paper analyzes a series inventory system with stationary costs and stochastic demand over an infinite horizon. A distinctive feature is that demand can be negative, representing returns from customers, as well as zero or positive. We observe that, as in a system with nonnegative demand, a stationary echelon base-stock policy is optimal here. However, the steadystate behavior of the system ...

Fresh products are perishable and fragile, which easily leads to higher inventory costs requires reasonable planning of management. Therefore, it is very important for fresh product supply chain systems have multi-echelon control. However, in past studies, few control models the considered deterioration rate as variable factor. In this paper, on basis considering characteristics products, combi...

This paper examines the effect that product pricing has on the dynamics and variability of a supply chain, with a focus in retail inventory. Pricing policies and strategies and the impacts of prices on demand and inventories within the retail supply chain environment are reviewed. Recent pricing and markdown research is examined. An example model is presented that is stochastic and uses simulat...

a comprehensive and integrated study of any supply chain (sc) environment is a vital requirement that can create various advantages for the sc owners. this consideration causes productive managing of the sc through its whole wide components from upstream suppliers to downstream retailers and customers.  on this issue, despite many valuable studies reported in the current literature, considerabl...

Almost all multi-echelon inventory models assume that demand not satis ed immediately can be backordered. In some situations this assumption is not realistic. For example, it may be more representative to model stockouts as lost sales when the retailers are in a competitive market and customers can easily turn to another rm when purchasing the good. Assuming lost sales at the retailers, we cons...

in this article, a finite horizon, multi product and multi period economic order quantity like seasonal items is considered where demand rate is deterministic and known but variable in each period. the order quantities of items come in batch sizes and the end of the period order quantity and, consequently, demand of customers are zero. in addition, storage space is constrained and the problem ...