In this paper, we consider a dual-channel vendor-buyer system consisting of a buyer and two vendor-owned facilities: a central distribution center (DC) and a regional DC. Orders for a single item are delivered through two distinct channels: an indirect channel, comprising the central DC, the regional DC and the buyer; and a direct channel, comprising the central DC and the buyer, bypassing the ...

This paper presents a three-level supply chain model which includes single supplier, several distribution centers and sets of retailers. For this purpose, by adopting the queuing approach, a mixed nonlinear integer programming model is formulated. The proposed model follows minimizing the total cost of the system by determining: 1) the number and location of distribution centers between candida...

  We discuss the effects of inflation and time discounting on an EOQ model for deteriorating items under stock-dependent demand and time-dependent partial backlogging. The inventory model is studied under the replenishment policy starting with no shortages. We then use MATLAB to find the optimal replenishment policies. The objective of this model is to maximize the total profit (TP) which inclu...

This paper examines whether the disclosure of purchase obligations in the MD&A section of 10-K filings provides useful information to investors. Firms are predicted to enter into additional purchase obligations when they expect an increase in demand for their products. As such, growth in purchase obligations is predicted to be associated with higher future sales and earnings. The evidence is co...

This paper uses the social identity theory and the theory of planned behavior to explore factors affecting consumer purchase intentions. Additionally, considering the theory of the extended self, this paper tries to (1) evaluate whether consumers’ perception of a firm’s corporate social responsibility (CSR) commitment has a critical effect on their purchase decisions and (2) test that perceptio...

To maximise the possibility of success for a new product and minimise the risk and opportunity cost of a failed product, firms must understand the diffusion dynamics of competing products. The diffusion dynamics of competing products emerge from the aggregation of consumers' decisions. At the individual level, a consumer's decision consists of "which product to buy among the available products"...

Service firms frequently contact customers after a transaction to solicit feedback and assess satisfaction with the service experience. Customers who have an ongoing relationship with a firm may receive satisfaction surveys after many or even most of their service encounters, yielding effects that are likely to be cumulative over time. Yet how these cumulative effects influence customer purchas...

In many product choice occasions, the purchase decision is made some time after product information had been acquired, and not concurrently with it. The time that passes between information acquisition and the judgment may have little effect on the judgment itself if all the attributes presented via advertising and in-store selling activities, are consistently positive and advocate the purchase...

Purpose – The purpose of this paper is to investigate the influence of behavioural attitudes towards the most popular social medium in the world, Facebook, amongst Millennials in South Africa (SA), and to determine whether various usage and demographic variables have an impact on intentionto-purchase and purchase perceptions. Design/methodology/approach – Quantitative research was conducted by ...