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Author: Bin Zhou
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 204
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Book Description
Author: Bin Zhou
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 204
Get Book Here
Book Description
Author: Bin Zhou
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 204
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Book Description
Author: Nita H. Shah
Publisher: Springer Nature
ISBN: 9811396981
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.
Author: Wang, John
Publisher: IGI Global
ISBN: 1609601378
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
Our rapidly changing world has forced business practitioners, in corporation with academic researchers, to respond quickly and develop effective solution methodologies and techniques to handle new challenges in supply chain systems. Supply Chain Optimization, Management and Integration: Emerging Applications presents readers with a rich collection of ideas from researchers who are bridging the gap between the latest in information technology and supply chain management. This book includes theoretical, analytical, and empirical research, comprehensive reviews of relevant research, and case studies of effective applications in the field of SCM. The use of new technologies, methods, and techniques are emphasized by those who have worked with supply chain management across the world for those in the field of information systems.
Author: Rui Yin
Publisher:
ISBN:
Category : Business logistics
Languages : en
Pages : 352
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Book Description
Author: Wen Chen
Publisher:
ISBN:
Category :
Languages : en
Pages : 218
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Book Description
The dissertation contains two major research projects. In the first project, we first study a multi-period inventory planning problem. In each period, the firm under consideration can source from two possibly unreliable suppliers for a price-dependent demand. Our analysis suggests that the optimal procurement policy is neither a simple reorder-point policy nor a complex one without any structure, as previous studies suggest. Instead, we prove the existence of a reorder point for each supplier. No order is placed to that supplier for any inventory level above the reorder point and a positive order is issued to that supplier for almost every inventory level below the reorder point. We characterize conditions under which the optimal policy reveals monotone response to changes in the inventory level. Furthermore, two special cases of our model are examined in detail to demonstrate how our analysis generalizes a number of well-known results in the literature. In the second project, we study a long-run inventory planning problem in which the retailer can replenish inventory and change price adjustment. We establish that it is optimal to change the price from low to high in each replenishment cycle, the optimal order-up-to level may decrease when the ordering cost increases, and fewer customers are served when the unit cost of procurement increases. Additionally, we provide efficient algorithms to compute the optimal stocking and pricing policies.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
We examine the behavior of a manufacturer and a retailer in decentralized supply chains under price-dependent demand. We investigate the use of several price-commitment policies as coordination mechanisms. The first policy we examine is a retailer's fixed markup (RFM) policy where the retailer commits to a fixed price markup over wholesale price to determine her retail price. The second is a price protection policy where the manufacturer agrees to reimburse the retailer for decreases in the wholesale price. In our first paper we examine the effect of RFM on individual agents' profits and supply chain performance under single period, stochastic demand. Our focus here is on exogenously determined markup values and linear additive demand forms. We prove the existence of optimal pricing and replenishment policies. We also find that RFM can result in significantly greater profit for the supply chain than the price-only contract and leads to Pareto-improving solutions. The second paper extends our analysis by examining the RFM policy under both multiplicative and linear additive demand forms. We obtain closed-form solutions for both RFM and price-only policies and analytically prove that Pareto-improving solutions are not possible under iso-price-elastic, multiplicative demand. We also consider the effect of pricing power in the supply chain by varying who determines the retail price markup. Our results reveal that the effect of retailer ex-ante markup commitment is heavily dependent on both the nature of the demand function and the relative pricing power of different players in the supply chain. The final paper in this dissertation investigates a multi-period, deterministic demand setting. We compare price commitments made by both the retailer and the supplier. RFM represents the retailer's price commitment and price protection is a form of manufacturer price commitment. We prove the existence of unique, optimal pricing and ordering solutions for all policies considered. We also demonstrate that the retailer may carry inventory under both price-only and RFM settings even though demand is deterministic and no economies of scale are considered. Price protection is shown to resolve the gaming that leads to inventory, but at the expense of channel performance.
Author: Joseph Geunes
Publisher: Springer Science & Business Media
ISBN: 0387262814
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
Supply Chain Optimization captures the latest results in a segment of current research activity in supply chain management. This research area focuses on applying optimization techniques to supply chain management problems. The research papers that make up the volume provide a snapshot of state-of-the-art optimization methods within the field. This book presents rigorous modelling approaches for supply chain operations problems with a goal of improving supply chain performance (or the performance of some segment thereof). It contains high-quality works from leading researchers in the field whose expertise fits within this scope. The book provides a diverse blend of research topics and novel modelling and solution approaches for difficult classes of supply chain operations, planning, and design problems.
Author: Saoussen Krichen
Publisher: John Wiley & Sons
ISBN: 1848218710
Category : Computers
Languages : en
Pages : 108
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Book Description
Supply chain management is a key topic for a large variety of strategic decision problems. It is essential in making efficient decisions related to the management of inventory and the delivery of final products to customers. The focus of this book is the understanding of the supply chain taxonomy, the different levels of decision and the impact of one level on another depending on the modeling of the addressed objectives. The authors explore the potential problems that can be addressed within the supply chain, such as the inventory, the transportation and issues of holding, and find applications in numerous fields of study, from cloud computing and networking through to industrial sciences. The reader can find each issue described and its positioning in the supply chain determined. A computer science framework is also developed to show how the use of electronic platforms can aid in the handling of these potential problems.
Author: David Simchi-Levi
Publisher: Springer Science & Business Media
ISBN: 1402079532
Category : Business & Economics
Languages : en
Pages : 818
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Book Description
The Handbook is a comprehensive research reference that is essential for anyone interested in conducting research in supply chain. Unique features include: -A focus on the intersection of quantitative supply chain analysis and E-Business, -Unlike other edited volumes in the supply chain area, this is a handbook rather than a collection of research papers. Each chapter was written by one or more leading researchers in the area. These authors were invited on the basis of their scholarly expertise and unique insights in a particular sub-area, -As much attention is given to looking back as to looking forward. Most chapters discuss at length future research needs and research directions from both theoretical and practical perspectives, -Most chapters describe in detail the quantitative models used for analysis and the theoretical underpinnings; many examples and case studies are provided to demonstrate how the models and the theoretical insights are relevant to real situations, -Coverage of most state-of-the-art business practices in supply chain management.
