Supply chain coordination for a deteriorating item with stock and price-dependent demand under revenue sharing contract

International Transactions in Operational Research

Volumn 19, Issue 5, 2012, Pages 753-768

  Giri, B C ^a   Bardhan, S ^a  

^a JADAVPUR UNIVERSITY   (India)

Author keywords

Coordination; Deteriorating item; Price and stock dependent demand; Revenue sharing contract; Supply chain

Indexed keywords

COORDINATION; DECENTRALIZED COORDINATION; DETERIORATING ITEMS; MARKET DEMAND; NUMERICAL EXAMPLE; OPTIMAL POLICIES; REVENUE SHARING CONTRACTS; STOCK-DEPENDENT DEMAND; SUPPLY CHAIN COORDINATION; SUPPLY CHAIN MODELS;

COMMERCE; COSTS; DETERIORATION; MANUFACTURE; SALES;

SUPPLY CHAINS;

EID: 84865065976     PISSN: 09696016     EISSN: 14753995     Source Type: Journal    
DOI: 10.1111/j.1475-3995.2011.00833.x     Document Type: Article

References (28)

1. Abad, P.L., 1994. Supplier pricing and lot-sizing when demand is price sensitive. European Journal of Operational Research 78, 334-354.
2. Banerjee, A., 1986. A joint economic lot size model for purchaser and vendor. Decision Science 17, 2, 292-311.
3. Cachon, G.P., Lariviere, M.A., 2005. Supply chain coordination with revenue-sharing contracts: strengths and limitations. Management Science 51, 1, 30-44.
4. Chakravarty, A.K., Martin, G.E., 1991. Operational economics of a process positioning determinant. Computers and Operational Research 18, 515-530.
5. Chauhan, S.S., Proth, J.M., 2004. Analysis of a supply chain partnership with revenue sharing. International Journal of Production Economics 29, 9, 45-47.
6. Chen, H., Chen, Y., Chiu, C.H., Choi, T.M., Sethi, S., 2010. Coordination mechanism for the supply chain with lead time consideration and price-dependent demand. European Journal of Operational Research 203, 70-80.
7. Dana, J.D., Spier, K.E., 2005. Revenue sharing and vertical control in the video rental industry. Journal of Industrial Economics 49, 3, 223-245.
8. Ghare, P.N., Schrader, G.F., 1963. A model for exponentially decaying inventories. Journal of Industrial Engineering 15, 238-243.
9. Giannoccaro, I., Pontrandolfo, P., 2004. Supply chain coordination by revenue-sharing contracts. International Journal of Production Economics 89, 2, 131-139.
10. Goyal, S.K., 1976. An integrated inventory model for single-supplier single-customer problem. International Journal of Production Research 15, 107-111.
11. Goyal, S.K., 1988. A joint economic lot size model for purchaser and vendor: a comment. Decision Science 19, 236-241.
12. Goyal, S.K., 2000. On improving the single-vendor single-buyer integrated production inventory model with a generalized policy. European Journal of Operational Research 125, 2, 429-430.
13. Goyal, S.K., Giri, B.C., 2001. Recent trends in modeling of deteriorating inventory. European Journal of Operational Research 134, 1-16.
14. Hill, R.M., 1997. The single-vendor single-buyer integrated production-inventory model with a generalized policy. European Journal of Operational Research 97, 3, 493-499.
15. Hill, R.M., 1999. The optimal production and shipment policy for the single-vendor single-buyer integrated production-inventory problem. International Journal of Production Research 37, 11, 2463-2475.
16. Levin, R.I., McLaughlin, C.P., Lamone, R.P., Kottas, J.F., 1972. Production/Operations Management: Contemporary Policy for Managing Operating Systems, McGraw-Hill, New York.
17. Li, J., Liu, L., 2006. Supply chain coordination with quantity discount policy. International Journal of Production Economics 101, 89-98.
18. Lu, L., 1995. A one-vendor multi-buyer integrated inventory model. European Journal of Operational Research 81, 2, 312-323.
19. Monahan, J.P., 1984. A quantity discount pricing model to increase vendor profits. Management Science 30, 720-726.
20. Nahmias, S., 1982. Perishable inventory theory: a review. Operations Research 30, 680-708.
21. Parlar, M., Wang, Q., 1994. Discounting decisions in a supplier-buyer relationship with a linear buyer's demand. IIE Transactions 26, 34-41.
22. Qin, Y., Tang, H., Guo, C., 2007. Channel coordination and volume discounts with price-sensitive demand. International Journal of Production Economics 105, 43-53.
23. Rau, H., Wu, M.Y., Wee, H.M., 2003. Integrated inventory model for deteriorating items under a multi-echelon supply chain environment. International Journal of Production Economics 86, 155-168.
24. Rhee, B., Veen, J.A.A., Venugopal, V., Nalla, V.R., 2010. A new revenue sharing mechanism for coordinating multi-echelon supply chains. Operations Research Letters 38, 296-301.
25. Silver, E.A., Peterson, R., 1985. Decision Systems for Inventory Management and Production Planning. John Wiley, New York.
26. Weng, Z.K., 1995. Channel coordination and quantity discounts. Management Science 41, 1509-1522.
27. Weng, Z.K., Wong, R.T., 1993. General models for the supplier's all-unit quantity discount policy. Naval Research Logistics 40, 971-991.
28. Yong, W., Yong, P., 2005. Revenue-sharing contract of supply chain with price sensitive end-customer demand. Chinese Journal of Management Science 13, 6, 29-33.