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We study a coordination contract for a supplier-retailer channel producing and selling a fashionable product exhibiting a stochastic price-dependent demand. The product's selling season is short, and the supply chain faces great demand uncertainty. We consider a scenario where the supplier...
Persistent link: https://www.econbiz.de/10008483308
This paper investigates the issues of channel coordination in a supply chain when the individual supply chain decision makers take mean-variance (MV) objectives. We propose an MV formulation to capture the risk preference of each individual supply chain agent. Through the studies of a wholesale...
Persistent link: https://www.econbiz.de/10005121623
Newsvendor models have been well-established for studying supply chain management problems with fashionable products. In this paper, we explore the mean-downside-risk (MDR) and mean-variance (MV) newsvendor models under both the exogenous and endogenous retail price decision cases. We first...
Persistent link: https://www.econbiz.de/10010572552
The quick response (QR) supply chain system has received a great deal of attention in the recent past because of the advances in many new technologies such as RFID systems and mobile computing. Establishment of supply chain practices, such as collaborative planning, forecasting, and...
Persistent link: https://www.econbiz.de/10008869573
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In recent years, sustainability has been a major focus of fashion business operations because fashion industry development causes harmful effects to the environment, both indirectly and directly. The sustainability of the fashion industry is generally based on several levels and this study...
Persistent link: https://www.econbiz.de/10011160774
Motivated by the observations that the direct sales channel is increasingly used for customized products and that retailers wield leadership, we develop in this paper a retailer-Stackelberg pricing model to investigate the product variety and channel structure strategies of manufacturer in a...
Persistent link: https://www.econbiz.de/10010871217
Long truck queue is a common problem at big marine container terminals, where the resources and equipment are usually scheduled to serve ships prior to trucks. To reduce truck queues, some container terminals adopt terminal appointment system (TAS) to manage truck arrivals. This paper addresses...
Persistent link: https://www.econbiz.de/10010869074
The business values of product remanufacturing have been well-recognized in the literature. Companies have also increasingly realized the importance of coordinating the closed-loop supply chains (CLSCs) with both manufacturing and re-manufacturing processes. In this paper, we investigate a CLSC...
Persistent link: https://www.econbiz.de/10010869122