A multi-item supply chain with credit periods and weight freight cost discounts

International Journal of Production Economics

Volumn 135, Issue 1, 2012, Pages 106-115

  Tsao, Yu Chung ^a   Sheen, Gwo Ji ^b  

^a TATUNG UNIVERSITY   (Taiwan)

^b INSTITUTE OF INDUSTRIAL MANAGEMENT   (Taiwan)

Author keywords

Credit period; Freight cost discounts; Inventory; Multi item replenishment; Pricing

Indexed keywords

CREDIT PERIOD; DUAL PROBLEM; ECONOMIES OF SCALE; FREIGHT CARRIER; FREIGHT COSTS; FREIGHT DISCOUNT; INTEREST RATES; INVENTORY; INVENTORY HOLDING; MULTI-ITEM; OPTIMAL PROPERTIES; PRICING DECISION; REPLENISHMENT POLICY;

COSTS; ECONOMICS; PROFITABILITY; SALES; SCALES (WEIGHING INSTRUMENTS); SUPPLY CHAIN MANAGEMENT; SUPPLY CHAINS;

FREIGHT TRANSPORTATION;

EID: 80055030659     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ijpe.2010.11.013     Document Type: Article

References (40)

1. P.L. Abad, and C.K. Jaggi A joint approach for setting unit price and the length of the credit period for a seller when end demand is price sensitive International Journal of Production Economics 83 2003 115 122
2. R.H. Ballou Business Logistics/Supply Chain Management 2004 Prentice Hall Upper Saddle River, NJ
3. N. Ben-Khedher, and C.A. Yano The multi-item joint replenishment problem with transportation and container effects Transportation Science 28 1 1994 37 54
4. H.J. Chang, C.H. Hung, and C.Y. Dye An inventory model for deteriorating items with linear demand under condition of permissible delay in payments Production Planning and Control 12 2001 274 282
5. J.M. Chen, and T.H. Chen The multi-item replenishment problem in a two-echelon supply chain: the effect of centralization versus decentralization Computers and Operations Research 32 2005 3191 3207
6. T.H. Chen, and J.M. Chen Optimizing supply chain collaboration based on joint replenishment and channel coordination Transportation Research Part E: Logistics and Transportation Review 41 2005 261 285
7. J.M. Chen, and T.H. Chen Effects of joint replenishment and channel coordination for managing multiple deteriorating products in a supply chain Journal of the Operational Research Society 56 10 2005 1224 1234
8. J.M. Chen, and T.H. Chen The profit maximization model for a multi-item distribution channel Transportation Research Part E: Logistics and Transportation Review 43 2007 338 354
9. K.J. Chung A theorem on determination of economic order quantity under conditions of permissible in payments Computers and Operations Research 25 1 1998 49 52
10. M.A. Cohen Joint pricing and ordering policy for exponentially decaying inventory with known demand Naval Research Logistics Quarterly 24 1977 257 268
11. H. Emmons, and S.M. Gilbert Note. The role of returns policies in pricing and inventory decisions Management Science 44 1998 276 283
12. S.K. Goyal Economics order quantity under conditions of permissible delay in payments Journal of the Operational Research Society 36 4 1985 335 338
13. S.K. Goyal Economic ordering policy for jointly replenished items International Journal of Production Research 26 7 1988 1237 1240
14. S.C. Graves On the deterministic demand multi-product single-machine lot scheduling problem Management Science 25 3 1979 276 280
15. J. Hahm, and C.A. Yano The economic lot and delivery scheduling problem: the common cycle case IIE Transactions 27 1995 113 125
16. J. Hahm, and C.A. Yano The economic lot and delivery scheduling problem: models for nested schedules IIE Transactions 27 1995 126 139
17. M. Hammer The superefficient company Harvard Business Review 79 2001 82 91
18. P.H. Hsu, and H.M. Wee Horizontal suppliers coordination with uncertain suppliers deliveries International Journal of Operations Research 2 2 2005 17 30
19. H. Hwang, and S.W. Shinn Retailers pricing and lot sizing policy for exponentially deteriorating products under the condition of permissible delay in payment Computers Operations Research 24 6 1997 539 547
20. E.P.C. Kao A multi-product dynamic lot-size model with individual and joint set-up costs Operations Research 27 2 1979 279 289
21. M. Khouja Optimizing inventory decisions in a multi-stage multi-customer supply chain Transportation Research Part E: Logistics and Transportation Review 39 3 2003 193 208
22. J. Kim, H. Hwang, and S. Shinn An optimal credit policy to increase suppliers profits with price-dependent demand functions Production Planning & Control 6 1 1995 45 50
23. C.Y. Lee The economic order quantity for freight discount costs IIE Transactions 9 1986 318 320
24. H.L. Lee The triple - a supply chain Harvard Business Review 2004 102 112
25. X. Li, and Q. Wang Coordination mechanisms of supply chain systems European Journal of Operational Research 179 1 2007 1 16
26. V.G. Narayanan, and A. Raman Aligning incentives in supply chains Harvard Business Review 2004 94 102
27. J.F. Nash The bargaining problem Econometrica 18 1950 155 162
28. A. Nilsson, A. Segerstedt, and E. van der Sluis A new iterative to solve the joint replenishment problem using a spreadsheet technique International Journal of Production Economics 108 2007 399 405
29. L.Y. Ouyang, C.H. Ho, and C.H. Su Optimal strategy for an integrated system with variable production rate when the freight rate and trade credit are both linked to the order quantity International Journal of Production Economics 115 2008 151 162
30. R. Rempala Joint replenishment multiproduct inventory problem with continuous production and discrete demands International Journal of Production Economics 8182 2003 495 511
31. G.J. Sheen, and Y.C. Tsao Channel coordination, trade credit and quantity discounts for freight cost Transportation Research Part E: Logistics and Transportation Review 43 2007 112 128
32. S.W. Shinn, H. Hwang, and S.S. Park Joint price and lot size determination under conditions of permissible delay in payments and quantity discounts for freight cost European Journal of Operational Research 91 1996 528 542
33. S.W. Shinn Determining optimal retail price and lot size under day-terms supplier credit Computers and Industrial Engineering 33 34 1997 717 720
34. J.T. Teng On the economic order quantity under conditions of permissible delay in payments Journal of the Operational Research Society 53 2002 915 918
35. J.T. Teng, C.T. Chang, and S.K. Goyal Optimal pricing and ordering under permissible delay in payments International Journal of Production Economics 97 2005 121 129
36. Y.C. Tsao, and G.J. Sheen Joint pricing and replenishment decisions for deteriorating items with lot-size and time dependent purchasing cost under credit period International Journal of System Science 38 7 2007 549 561
37. M.J.G. van Eijs Multi-item inventory systems with joint ordering and transportation decisions International Journal of Production Economics 35 1994 285 292
38. H.M. Wee Deteriorating inventory model with quantity discount, pricing and partial backordering International Journal of Production Economics 59 1999 511 518
39. T.M. Whitin Inventory control and price theory Management Science 2 1955 61 68
40. W.L. Winston Operations Research Applications and Algorithms 1991 PWS-KENT Publishing Company New York