Motivated by the operational environment in high-tech industries, this paper examines the coordination between and when time to market and capacity marketing operations utilization are both main factors. In contrast to earlier joint lot-sizing literature which focuses on price-quantity coordination, our model captures the inter-relationship between order quantity, capacity level, and lead-time....

Although contract reparations have been extensively studied in the context of deontic logics, there is not much literature using reparations in automata-based deontic approaches. Contract automata are a recent approach to modelling the notion of contractbased interaction between different parties using synchronous composition. However, it lacks the notion of reparations for contract violations....

This paper is an effort to explain, in part, an empirical paradox in the U. S. labor market. Many types of behavior in this market, notably layoff and real wage behavior, have proved inexplicable if the labor market is modeled as a sequence of spot auction markets. However, if we treat trade in this market as being mediated via long-term contracts, we gain a great deal of explanatory power. A p...

vendor selection decisions are complicated by the fact that various conflicting multi-objective factors must be considered in the decision making process. the problem of vendor selection becomes still more compli-cated with the inclusion of incremental discount pricing schedule. such hard combinatorial problems when solved using meta heuristics produce near optimal solutions. this paper propose...

This article develops a dynamic game model of a supply chain consisting of one manufacturer and one retailer to study the coordination mechanism and the effect of demand disruption on the coordination mechanism, where the market demand is sensitive to retail price and service. We assume that the supplier and the retailer only know the distribution of the disrupted amount after the demand disrup...

Adopting the concept of mental accounting, the paper analyzes loss-aversion retailer’s optimal order quantity under buy-back contract in the two-stage supply chain, and proves the existence and uniqueness of the optimal order quantity. Conclusions show: under the certain degree of loss aversion, there exists a unique repurchase price to achieve supply chain coordination; meanwhile, the system’s...

I a stylized model of biopharmaceutical contract manufacturing, this paper shows how the potential for renegotiation influences the optimal structure of supply contracts, investments in innovation and capacity, the way scarce capacity is allocated, and firms’ resulting profits. Two buyers contract for capacity with a common manufacturer. Then, the buyers invest in innovation (product developmen...

This study explores the problem of optimally dynamic joint decisions: replenishment quantity, retail price and depletion time, in a vertically decentralized single-retailer and single-supplier supply chain over a dynamic multi-period planning horizon, subject to multivariate demand function and deteriorating goods with shortages allowed and with no consideration of fixed costs. This research us...