In the last few decades, enterprises are trying to recycle the used products to reduce the negative impact on environment. This results in the need for reverse supply chain model especially for deteriorating items. The proposed model considers vendor managed inventory strategy and conducts a...

Stock performance evaluation is an important subject widely studied for both theoretical and practical purposes. It is particularly relevant for the highly cyclical airline industry now in a financial crisis. Here it is shown that the use of conventional performance measures, such as the Sharpe...

In this study, we develop a deteriorating inventory system consisting of one supplier and one buyer. The system considers supplier–buyer collaboration and trade credit. The objective is to maximize the total profit of the whole system when shortage is completely backordered. In order to entice...

Many industries with multiple-echelon supply chains suffer inventory management with costly deteriorating rates changed along with the time, such as TFT-LCD panel manufacturing industry, IC manufacturing industry, and agricultural industry, to name a few. In addition, highly competitive...

In the process of producing hydroelectricity, plants all over the world are faced with the problem of reservoir sediment. If this sediment is removed but not properly disposed of, it can become a secondary pollutant. This study proposes a way to resolve this problem through reuse and recycling.

Due to the depletion of traditional energy resources, such as crude oil, coal, and natural gas, many initiatives all over the world have addressed the efficient use or replacement of these resources. Several renewable energy sources have been introduced as alternatives to traditional sources to...

This study develops an integrated deteriorating inventory policy for a single-buyer–single-supplier model with multiple JIT deliveries considering the transportation cost, inspection cost and the cost of less flexibility. Distinct from the former concept of average inventory level, our paper...