Joint managed inventory is an advanced supply chain inventory management tool, which will effectively tackle the complicated problem between the inventory cost of supply chain and service level. The research on inventory model and its’ control under JMI environment is a hot issue at present. In this paper, the authors deeply discuss the question of the inventory time costs about the multi-produ...

a hybrid hydro/wind/photovoltaic base on hydrogen storage system is designed to supply power demand of pump stations. the aim of this design is minimization of net present cost of the hybrid system. optimization problem is subject to reliable supply of the demand. the system is investigated in the north west of iran (meshkinshahr) and the local data is applied. about 12 pump stations are found ...

Seeking cost reduction and energy savings in water supply by improving the operation of pumps is both an obvious as well as a very efficient possibility to consider. Without making changes to the basic elements of a water supply system, remarkable reductions in operation costs can be achieved by optimising the pump scheduling (PS) problem. The UK Water Research Centre (WRC) [1985] estimates the...

Microeconomic theory predicts that if patients are fully insured and providers are paid fee-for-service, utilization of medical services exceeds the efficient level ('moral hazard effect'). In Switzerland, both demand-side and supply-side cost sharing have been introduced to mitigate this problem. Analyzing a panel dataset of about 160,000 adults, we find both types of cost sharing to be effect...

 It is scientifically challenging to determine the inventory level all through the supply chain in such a way that the desired objectives such as effectiveness and responsiveness of the supply chain system can be obtained. Simulation is a means for solving various problems which cannot be solved by regular exact models such as mathematical ones due to their complexity. The present paper is aime...

  This paper aims to evaluate inventory cost of a Two-echelon serial supply chain system under vendor managed inventory program with stochastic demand, and examine the effect of environmental factors on the cost of overall system. For this purpose, we consider a two-echelon serial supply chain with a manufacturer and a retailer. Under Vendor managed inventory program, the decision on inventory ...