This paper considers a two stages pharmaceutical supply chain (PSC) consisting of a pharmaceutical manufacturer (pharma-manufacturer) that supplies one type of pharmaceutical product to a pharma-retailer. The customer demand rate for the pharmaceutical product is dependent on the pharma-retailer’s current-inventory level. The pharma-retailer determines the order quantity ( ) value as decision v...

    Discrete facility location,   Distribution center,   Logistics,   Inventory policy,   Queueing theory,   Markov processes, The distribution center location problem is a crucial question for logistics decision makers. The optimization of these decisions needs careful attention to the fixed facility costs, inventory costs, transportation costs and customer responsiveness. In this paper we stu...

This model considers a two-warehouse inventory system of deteriorated items with ramp-type demand and constant rate deterioration. It is maintained rental warehouse (RW) infinite capacity to load the excess replenished goods after filling finite in own (OW). Retailers are encouraged opt for prepayment option paying their purchase cost equal installments prior delivery ordered considerable disco...

We consider a two-echelon single commodity inventory system with one warehouse(supplier) at the higher echelon and one retailer at the lower echelon. The retailer stocks individual items of a commodity and satisfies unit demands which occur according to a Poisson process. The supplier stocks these items in packets and uses these packetsto: (i) satisfy the demands that occur for single packet an...

This paper examines and compares various manufacturing policies which manufacturer may adopt so as to improve the performance of a vendor managed inventory (VMI) partnership. The goal is to maximize the combined cumulative profit of supply chain while minimizing relevant inventory management costs. The supply chain is a two-level system with a single manufacturer and single retailer at each lev...

Internet business-to-business transactions present great challenges in merging information from different sources. In this paper we describe a project to integrate four representative commercial classification systems with the Federal Cataloging System (FCS). The FCS is used by the US Defense Logistics Agency to name, describe and classify all items under inventory control by the DoD. Our appro...