'Consignment stock (CS)' policy is widely applied in industrial relationships today. It reduces the vendor's holding costs by stocking its inventory at a cheaper location (the buyer) and guarantees the buyer an uninterrupted supply. Studies that investigated the CS problem have adopted a...

One of the celebrated extensions of the economic order/production quantity (EOQ/EPQ) model is one that assumes a received shipment contains a fraction of imperfect (non-conforming) quality items, where these items, detected by 100% screening, are sold as a single batch at a discounted price....

A vendor managed system with the Consignment Stock agreement is a business practice where a buyer׳s inventory remains the property of the vendor until its withdrawal by the final customer demand. Such an agreement has shown to be a profitable stock management approach, especially when operating...

The paper considers two research issues that usually interact in practice, which are the ‘VMI with consignment’ inventory policy and the ‘Learning Curve’. Under a VMI with consignment agreement, the vendor is the one who manages the buyer's inventory, and he holds the property of the...

Nowadays, it is an essential commitment for firms to reduce energy consumption and therewith energy costs, which frequently account for a large part of the manufacturing costs. This work analyzes a system where a single product is manufactured on a machine and delivered to the subsequent...

Along the food supply chains (FSC), energy plays a strategic role, being fundamental to guarantee quality and influential in the determination of economic values. Moreover, the same type of product may flow through chains differing in energy requirement, processing equipment and time spent in...