Vendor managed inventory (VMI) is a supply-chain initiative in which the vendor is authorized to manage inventories of agreed upon stock-keeping-units at retail locations. In this paper, a modified joint inventory policy is introduced for VMI systems where the vendor takes a standard (s, S)...

This research focuses on an open-loop reverse supply chain, which includes a single centralized returns center (CRC) and multiple local collection points (LCPs). Each LCP receives a stream of returned products from consumers and once its inventory reaches its economic inventory level, these...