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In this paper we develop a supply chain model consisting of a supplier and a manufacturer. The manufacturer faces a stochastic and price-sensitive demand, orders a component from the supplier to manufacture new products, and also remanufactures the product returns with a stochastic quantity. The supplier chooses the wholesale price of the component, using his foresight on the manufacturer's response...
This paper considers a supplementary supply-order system in which a retailer has an opportunity to place an additional order with a supplier after the demand is realized during each selling period, besides her first order according to the prediction of demand. We formulate this multiperiod problem as an inventory game between the supplier and the retailer, derive the optimal decision policies for...
In this paper, we consider a supply chain with one supplier and two retailers, where the supplier offers the Group Buying Auction (GBA), a novel pricing mechanism, to attract the small-sized retailers who cannot enjoy the low price in the traditional quantity discount. We deal with the situation where the market demand for each retailer is random and independent, and the retailers are noncooperative...
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