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In this paper, we address this issue of a hybrid system where both used and new parts can serve as inputs in the production process to satisfy an uncertain market demand. The yield of the used parts is random. A firm needs to make production and procurement decisions in the face of this...
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In this paper, we study a supply chain comprising one manufacturer and one retailer. Customers can make purchases either from the retailer or directly from the manufacturer via an e-tail channel. From the manufacturer's perspective of managing the two channels, we study three different inventory...
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