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A stackelberg inventory model taking vendor-buyer interaction in lead time into account is developed in this paper. In this supply chain both parties involved in the lead time decision-making; and the assumption of the lot-for-lot policy of the vendor is relaxed, from this way, the model is more practical. An iterative algorithm is developed for searching the integral nonlinear programming, and numerical...
Time-based competition strategy embodies lead time reduction (LTR) at operational level in supply chain. When supply chain channel puts LTR into practice, there exist two questions: how LTR to effect on profit of supply chain actors and if LTR may not make both supply actors better off, how to coordinate the supply channel? A single shorter-life-cycle product model of the supplier-retailer decentralized...
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