This paper studies a competition in a decentralized supply chain between two independent suppliers who sell their products to a common retailer, under sales-rebate contract, and wherein the demand is sensitive to retail prices. The inventory related operational costs are included in the chain based on the economic order quantity model. The conditions of existence and uniqueness of the retailer’...

This paper surveys some applications of cooperative game theory to supply chain management. Special emphasis is placed on two important aspects of cooperative games: profit allocation and stability. The paper first describes the construction of the set of feasible outcomes in commonly seen supply chain models, and then uses cooperative bargaining models to find allocations of the profit pie bet...

Shelf on which products are being displayed is one of the most important resources in retail environment. Retailers cannot only increase their profit but also decrease cost by proper management of shelf space allocation and products display. This paper addresses a problem of retailer who sells various brands of items through displaying on multi-level shelves. It is assumed that the level of she...

In this paper, a socially responsible supply chain consisting of one supplier and one retailer is proposed. The supplier decides on replenishment cycle multiplier and the retailer invests in corporate social responsibility (CSR) and decides on the order-up-to-level under a periodic review replenishment policy. The retailer’s decisions impact on the supplier’s probability as well as the supply c...

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...

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This paper shows how to allocate a limited supply of inventory in a centralized distribution system with multiple retailers subject to minimal supply commitments and maximum delivery limits for each retailer. The objective is to maximize the number of units sold by all retailers in one time period. The analysis is done by building on a classical result of Derman. The demand at each retailer is ...

A new methodology, for optimal customer selection in cross-selling of financial services products, such as mortgage loans and non life insurance contracts, is presented. The optimal cross-sales selection of prospects is such that the expected profit is maximized, while at the same time the risk of suffering future losses is minimized. Expected profit maximization and mean-variance optimization ...

Effective design of planograms in a retail store can improve the visual representation products on shelves. Existing approaches, however, assume that shelf length and height are fixed, which result unused space planogram suboptimal assignment product facings, both resulting reduced revenue for retailer. To address this real-world challenge, we introduce joint allocation (JSD-SSA) problem, deter...