W propose an extension of the competitive newsvendor model to investigate the impact of quick response under competition. For this purpose, we consider two retailers that compete in terms of inventory: customers that face a stockout at their first-choice store will look for the product at the other store. Consequently, the total demand that each retailer faces depends on the competitor’s invent...

For large commercial airlines, efficiently setting and updating seat allocation targets for each passenger category on each multi-leg flight is an extremely difficult problem. This paper presents static and dynamic models of airline seat inventory control for multi-leg flights with multiple fare classes, which allow one to maximize an expected contribution to profit. The dynamic model uses the ...

by approval of building advance-sale act in 2010, it is permitted to sell in advance the buildings to be built in future. in this act, certain rights and obligations are provided for the advance-sellers and advance-buyers. the approval of the said act is a development in the law of sale of buildings. amongst them are the requirement for official registration of any building advance-sale, statut...

now a days, management and control of perishable inventories is important in many units and industrial enterprises. basically perishable inventory management and control is more complex and challenging than inventories with unlimited lifetime. hence determining the optimal inventory policies for these products is very important.  in this paper, the optimal inventory policy for perishable items ...

Today, the effective inventory management plays an important role in the success of the organizations in the new business environment. It is not clearly possible for the organizations that store hundreds of inventory items to economically design an inventory management policy for each inventory item separately. Moreover, various inventory items may play quite different roles in the business ...

in this paper, we develop an inventory model with delay in payments for deteriorating items. in our model, retailer who purchases the items enjoys a fixed credit period offered by his/her supplier and, in turn, also offers a credit period to his/her customers in order to promote the market competition. the demand is assumed to be linear function of the retailer's current-stock level. the effect...

A production planning approach is addressed in this paper for multi-period, multi-product and multi-route production environment considering backlogs and lost sales. When the production capacity or order demand fluctuates, it could lead to a low utilization of the production resource if considering the production system as a whole. Hence, each production stage and inventory is depicted separate...

Objective It has been increasingly recognized in various clinical areas that self-efficacy promotes the level of competence in patients. The validity, applicability and potential usefulness of a new, simple model for assessing self-efficacy in the elderly with special reference to frailty were investigated for improving elderly patients' accomplishments. Methods The subjects of the present stud...