Uncertain demand is one of the most important uncertainties in supply chain management. Different from the traditional methods, such as dynamic inventory control, estimation of demand, we propose to apply postponement strategy to treat uncertain demand in the process of distribution in supply chain. Postponement has been appreciated in recent decades, mainly in manufacturing period of realizing...

Water is the most essential component for sustaining lives of humans and other living creatures. Supplying potable water with adequate residual pressure is a fundamental responsibility of city administration, which they do during normal conditions. But sometimes, abnormal conditions are formed resulting pressure deficient conditions during the daily operations of water distribution networks. Th...

In crisp production inventory problem, let q, a, b, d, R and r be the quantity produced per cycle, the holding cost, production cost, production quantity per day, the total demand quantity and the demand quantity per day, respectively. We consider three fuzzification methods. Firstly, we fuzzify q, a, b, d, R and r to triangular fuzzy numbers. Secondly, we fuzzify d and r to triangular fuzzy nu...

T This paper analyzes different pricing strategies in a two-echelon supply chain including one supplier and two retailers. The supplier and the retailers face random yield and random demand, respectively. Moreover, coordination or non-coordination of retailers in receiving the discount is investigated. Game theory is used to model and analyze the problems. The supplier as a leader of Stackelbe...

Dynamic programming has been used to solve numerous complex problems in business and engineering. This study applies dynamic programming to a retail decision-making problem related to trade credit. A price, shelf-space, and time-dependent demand function is introduced to model the finite time horizon inventory. Trade credit was considered in the model because suppliers commonly provide retailer...