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Evaluation of strategic alternatives is an important task for strategic managers. This is a difficult task due to inherent complexities of the evaluation process and lack of structures information. The evaluation process must consider external opportunities and threats, an internal strengths and...
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We develop an integrated production-distribution model for a deteriorating item in a two-echelon supply chain. The supplier's production batch size is restricted to an integer multiple of the discrete delivery lot quantity to the buyer. Exact cost functions for the supplier, the buyer and the...
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In this paper, we extend the classical single period newsvendor model in an environment of customer balking, which occurs when customers are reluctant to buy a product if its available inventory falls below a threshold level. Since failure to make a sale usually results in a cost penalty, in...
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