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Considering the uncertainty marketing prediction of product, the fuzzy function is used to describe the demand in this paper. Firstly, the decentralized and centralized decision models were established with fuzzy demand description on the basis of Vendor Managed Inventory Consignment (VMCI), the aims of these models are to find the optimal consignment inventory quantity and the expected profits of...
Selecting the right suppliers for a supply chain is important as it can have great significance on the operating performance of the supply chain. The supplier selection problem can be quite complex as it usually involves numerous variables and uncertainties, which frequently come in the form of disruptions. This paper examines the existing approaches for supplier selection with focus on their advantages...
This paper establishes a three-stage reverse supply chain model which includes one manufacturer, one retailer and one agent who helps the manufacturer to recall waste materials. Besides, this paper assumes that the numbers of this reverse supply chain are all based on the Stackelberg game model. Under the condition of stochastic market demands, this paper analyzes the optimal pricing and order strategies...
The option contract is one of the effective financial instruments for avoiding risk. There always exists the risk in supply chain especially when facing uncertain or random demand. By introducing the real option into a two-stage supply chain, the part of the buyer risk due to demand uncertainty can be shifted to the supplier, and the supplier, in turn, is recovered by the additional revenue obtained...
Consider a two-echelon supply chain with one supplier and one retailer, and the products are perishable and sold over a single selling season. According to the classical newsvendor model, the retailer traditionally can only order products before the selling season. This paper discusses a situation in which the retailer can place a second order in the selling season. And supply chain members' optimal...
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