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This paper evaluates the simultaneous determination of price and inventory replenishment when a firm faces demand from distinct market segments. A firm utilizes fences, such as advance or nonrefundable payment, to maintain separation of its market segments; however, fences are imperfect and...
Persistent link: https://www.econbiz.de/10008551239
Integrated logistics and financial services have been practiced by third party logistics (3PL) firms for years; however, the literature has been silent on the value of 3PL firms as credit providers in budget-constrained supply chains. This paper investigates an extended supply chain model with a...
Persistent link: https://www.econbiz.de/10009249527
Real world manufacturing systems are usually constrained by both machine and human resources. Human operators are often the constraining resource and transfer between workstations to process jobs when required. This kind of system is known as a Dual Resource Constrained (DRC) system and presents...
Persistent link: https://www.econbiz.de/10009275149