Cost and operation of inventory depends a great deal on what happens to demand when the system is out of stock. In real inventory systems, it is more reasonable to assume that part of the excess demand is backordered and the rest is lost. However, the amount of backorders (or lost sales) often incurs disturbance due to various uncertainties. To incorporate this reality, this article attempts to...

Global warming has become a sensitive issue, and many countries are trying to control CO2 emissions by investing in projects promoting green industrial practices. This study proposes sustainable price-reliant demand inventory model with controllable carbon reduce the from farm warehousing activity. extends previous research that proposed system greenhouse facilities controlling through investme...

Online-to-offline (O2O) retailing strategy is one of the trending topics in business industry. The current study focuses on an advanced for a single item retailer and manufacturer. Reminding revolution internet world, dual-channel system developed this study. offers their through online offline mode, though producer prefers only mode. Besides, manufacturer provide different services to clients ...

Many companies use time as a means of differentiating themselves in the marketplace. In many literatures, the controllable lead time is regarded as a decision variable and decomposed into several components, each having a crashing cost function for the respective reduced lead time. When an item is out of stock, the loyal, patient and captive customers will wait until the outstanding orders arri...

this paper develops a single-vendor single-retailer supply chain for multi-product. the proposed model is based on vendor managed inventory (vmi) approach and vendor uses the retailer's data for better decision making. number of orders and available capital are the constraints of the model. in this system, shortages are backordered; therefore, the vendor’s warehouse capacity is another limitati...

Dan Zhang Leads School of Business, University of Colorado at Boulder, Boulder, CO 80309, USA [email protected] Inventory-based dynamic pricing has become a common operations strategy in practice and has received considerable attention from the research community. From an implementation perspective, it is desirable to design a simple policy like a base stock list price (BSLP) policy. The e...

In this study, a deteriorating inventory problemwith andwithout backorders is developed. From the literature search, this study is one of the first attempts by researchers to solve a deteriorating inventory problem with a simplified approach. The optimal solutions are compared with the classical methods for solving deteriorating inventory model. The total cost of the simplified model is almost ...

This paper develops an integer mathematical programming model to design the cellular manufacturing systems under data envelopment analysis. Since workers have an important role in doing jobs on machines, assignment of workers to cells becomes a crucial factor for fully utilization of cellular manufacturing systems (CMS). The aim of the proposed is to minimize backorder costs and intercellul...