The Newsvendor Problem with Different Delivery Time, Resalable Returns, and an Additional Order

Mathematical Problems in Engineering

Volumn 2015, Issue , 2015, Pages

  Zeng, Fue ^a   Chi, Yunjia ^a   Zheng, Jinhui ^b  

^a WUHAN UNIVERSITY   (China)

^b SHENZHEN UNIVERSITY   (China)

Author keywords

[No Author keywords available]

Indexed keywords

STOCHASTIC MODELS; STOCHASTIC SYSTEMS;

EXPECTED PROFITS; MANAGEMENT IMPLICATIONS; NEWSVENDOR MODELS; NEWSVENDOR PROBLEM; NUMERICAL TESTS; ORDER QUANTITY; PROCUREMENT DECISIONS; STOCHASTIC DEMAND;

PROFITABILITY;

EID: 84937130014     PISSN: 1024123X     EISSN: 15635147     Source Type: Journal    
DOI: 10.1155/2015/505268     Document Type: Article

References (21)

1. J. Mostard and R. Teunter, "Thenewsboyproblemwith resalable returns: a single periodmodel and case study, " European Journal of Operational Research, vol. 169, no. 1, pp. 81-96, 2006.
2. S. Panagiotidou, G. Nenes, and C. Zikopoulos, "Optimal procurement and sampling decisions under stochastic yield of returns in reverse supply chains, " OR Spectrum. Quantitative Approaches in Management, vol. 35, no. 1, pp. 1-32, 2013.
3. C. Zikopoulos and G. Tagaras, "Impact of uncertainty in the quality of returns on the profitability of a single-period refurbishing operation, " European Journal of Operational Research, vol. 182, no. 1, pp. 205-225, 2007.
4. M. Ferguson, V. D. Guide Jr., E. Koca, and G. C. Van Souza, "The value of quality grading in remanufacturing, " Production and Operations Management, vol. 18, no. 3, pp. 300-314, 2009.
5. D. Vlachos and R. Dekker, "Return hand ling options and order quantities for single period products, " European Journal of Operational Research, vol. 151, no. 1, pp. 38-52, 2003.
6. J. Mostard, R. De Koster, and R. Teunter, "The distribution-free newsboy problem with resalable returns, " International Journal of Production Economics, vol. 97, no. 3, pp. 329-342, 2005.
7. J. He, K. S. Chin, J. B. Yang, and D. L. Zhu, "Return policy model of supply chainmanagement for single-period products, " Journal of OptimizationTheory and Applications, vol. 129, no. 2, pp. 293-308, 2006.
8. H.-S. Lau and A. H.-L. Lau, "Manufacturers pricing strategy and return policy for a single-period commodity, " European Journal ofOperational Research, vol. 116, no. 2, pp. 291-304, 1999.
9. C. H. Lee, "Coordinated stocking, clearance sales, and return policies for a supply chain, " European Journal of Operational Research, vol. 131, no. 3, pp. 491-513, 2001.
10. S. G. Teng, S. M. Ho, and D. Shumar, "Enhancing supply chain operations through effective classification of warranty returns, " The International Journal of Quality and Reliability Management, vol. 22, no. 2, pp. 137-148, 2005.
11. S. Webster and Z. K. Weng, "A risk-free perishable item returns policy, " Manufacturing & Service Operations Management, vol. 2, no. 1, pp. 100-106, 2000.
12. C. S. Chung, J. Flynn, R. Kuik, and P. Stalinski, "A single-period inventory placement problem for a supply system with the satisficing objective, " European Journal of Operational Research, vol. 224, no. 3, pp. 520-529, 2013.
13. G. Gallego and I. Moon, "Distribution free newsboy problem: review and extensions, "The Journal of theOperational Research Society, vol. 44, no. 8, pp. 825-834, 1993.
14. M. Khouja, "Anote on the newsboy problem with an emergency supply option, " The Journal of the Operational Research Society, vol. 47, no. 12, pp. 1530-1534, 1996.
15. H. S. Lau and A. H. L. Lau, "A semi-analytical solution for a newsboy problem with mid-period replenishment, " The Journal of theOperational Research Society, vol. 48, no. 12, pp. 1245-1253, 1997.
16. G. Ferrer, "Yield information and supplier responsiveness in remanufacturing operations, " European Journal of Operational Research, vol. 149, no. 3, pp. 540-556, 2003.
17. A. Robotis, S. Bhattacharya, and L. N. Van Wassenhove, "The effect of remanufacturing on procurement decisions for resellers in secondarymarkets, " European Journal ofOperational Research, vol. 163, no. 3, pp. 688-705, 2005.
18. M. Kodama, "Probabilistic single period inventory model with partial returns and additional orders, " Computers & Industrial Engineering, vol. 29, no. 1-4, pp. 455-459, 1995.
19. M. A. de Bodt and S. C. Graves, "Continuous-review policies foramulti-echelon inventoryproblemwith stochasticdemand, " Management Science, vol. 31, no. 10, pp. 1286-1299, 1985.
20. J. C. Ehrenthal, D. Honhon, and T. Van Woensel, "Demand seasonality in retail inventory management, " European Journal of Operational Research, vol. 238, no. 2, pp. 527-539, 2014.
21. T. L. Urban, "Inventory models with inventory-level-dependent demand : a comprehensive review and unifying theory, " European Journal of Operational Research, vol. 162, no. 3, pp. 792-804, 2005.