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This paper considers the pricing and quantity decisions of a two-echelon system consisting of one manufacturer and two retailers under their different competitive behavior-independence and Stackelberg. The uncertainty of the market demand and the sensitivity of the retail quantity to the difference of sale prices between retailers are fully considered. We also develop a novel retailers' profit model...
In this paper, the coordination and optimization of a distribution system, consisting of one manufacturer and multiple retailers, is researched. Both the uncertainty and the correlation of the market demand are fully considered, according to the observation and analysis of an actual distribution system. Correlated random number is introduced into Monte Carlo method to simulate the correlated uncertain...
Production planning optimization is one of the most important issues for manufactures and scholars. Production is planned to meet the future demand. Under the uncertainty of demand, profit is maximized and opportunity loss is minimized. In real case, however, the demands of products are usually correlated. Hence, in this paper, a method is proposed for production planning optimization under the correlated...
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