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This paper was motivated by an observation in an international airport with regard to allocation of resources for check-in counters. In an exclusive check-in counter system, each flight has a dedicated number of counters that will be open until at least a half-hour before the scheduled departure...
Persistent link: https://www.econbiz.de/10009192019
In this paper we consider a problem of joint coordination between a firm's manufacturing and supply departments. The manufacturing department is responsible for meeting random demand of a product with a short life cycle. The supply department's responsibility is to provide the sufficient amount...
Persistent link: https://www.econbiz.de/10009204372
We consider the optimality of the (s, S) policy for a periodic-review stochastic inventory problem with two types of shortage costs. The problem may arise in a rush-order application at a bank branch where the emergency provision costs during a foreign currency stockout are represented by...
Persistent link: https://www.econbiz.de/10009214835
This paper studies a decentralized supply chain consisting of a supplier and a retailer facing price- and lead-time-sensitive demands. A Stackelberg game is constructed to analyze the price and lead time decisions by the supplier as the leader and the retailer as the follower. The equilibrium...
Persistent link: https://www.econbiz.de/10009218149