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We analyse a principal-agent contracting model with asymmetric information between a supplier and a retailer. Both the supplier and the retailer have the classical non-linear economic ordering cost functions consisting of ordering and holding costs. We assume that the retailer has the market power to enforce any order quantity. Furthermore, the retailer has private holding costs. The supplier wants...
We study four scheduling problems involving the maximum lateness criterion and an element of batching. For all the problems that we examine, algorithms appear in the literature that consist of a sorting step to determine an optimal job sequence, followed by a dynamic programming step that determines the optimal batches. In each case, the dynamic program is based on a backward recursion of which a...
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