Coordination Scheme for Restructuring Business Operation of the Single Period Newsvendor Problem
المؤلفون المشاركون
Huang, I-Ping
Chyu, Chiuh-Cheng
المصدر
Mathematical Problems in Engineering
العدد
المجلد 2013، العدد 2013 (31 ديسمبر/كانون الأول 2013)، ص ص. 1-11، 11ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2013-11-26
دولة النشر
مصر
عدد الصفحات
11
التخصصات الرئيسية
الملخص EN
This paper presents a coordination scheme for a single period newsvendor problem when both supplier and retailer of the supply chain agree to change the business operation from a market decision power sharing system (Model 1) to a unique decision maker system (Model 2).
The supplier is assumed to be a risk-averse decision maker and he will undertake the product quality risk in both models.
Model 1 is game theoretic, where the supplier controls the wholesale price, but the retailer controls the order quantity and market price.
The bargaining process ends when the supplier has found a wholesale price that maximizes the value of his sales revenue minus the product quality cost.
Model 2 is a centralized system where the supplier possesses all decision powers of the market.
In general, Model 2 will generate higher total revenue than Model 1.
The aim of this research is to propose a satisfying compromise based on consignment policy to resolve the revenue-sharing conflict in Model 2 due to the additional revenue.
An example is provided to illustrate the two models and the proposed coordination scheme, along with managerial insights on the models’ benefits.
The impacts of several parameters on the scheme are also presented and discussed.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Chyu, Chiuh-Cheng& Huang, I-Ping. 2013. Coordination Scheme for Restructuring Business Operation of the Single Period Newsvendor Problem. Mathematical Problems in Engineering،Vol. 2013, no. 2013, pp.1-11.
https://search.emarefa.net/detail/BIM-1031795
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Chyu, Chiuh-Cheng& Huang, I-Ping. Coordination Scheme for Restructuring Business Operation of the Single Period Newsvendor Problem. Mathematical Problems in Engineering No. 2013 (2013), pp.1-11.
https://search.emarefa.net/detail/BIM-1031795
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Chyu, Chiuh-Cheng& Huang, I-Ping. Coordination Scheme for Restructuring Business Operation of the Single Period Newsvendor Problem. Mathematical Problems in Engineering. 2013. Vol. 2013, no. 2013, pp.1-11.
https://search.emarefa.net/detail/BIM-1031795
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1031795
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر