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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)...
Persistent link: https://www.econbiz.de/10005060125
Shared flow has been widely used in production scenarios where inputs and outputs are shared among various activities. In DEA literature, shared flow represents situations that DMUs are divided into different components that require common resources or produce goods or services obtained through...
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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...
Persistent link: https://www.econbiz.de/10005417803
IMF policies have been widely criticized in the aftermath of the Asian crisis. Key critics questioned the appropriateness and the sequencing of financial liberalization programs which, along with insufficient monitoring and inadequate prudential regulations, left the financial sectors of the...
Persistent link: https://www.econbiz.de/10004971673
Based on the minimal reduction strategy, Yang et al. (2011) developed a fixed-sum output data envelopment analysis (FSODEA) approach to evaluate the performance of decision-making units (DMUs) with fixed-sum outputs. However, in terms of such a strategy, all DMUs compete over fixed-sum outputs...
Persistent link: https://www.econbiz.de/10011097858
This paper highlights the importance of having a cooperative quality investment (CQI) strategy and proposes a simple proportional investment sharing schedule in the outsourcing of a supply chain, which consists of a contract manufacturer (CM, the supplier) and two competitive original equipment...
Persistent link: https://www.econbiz.de/10011208584