Optimal production and emission reduction policies for a remanufacturing firm considering deferred payment strategy

Optimal manufacturing-remanufacturing policies in a lean production environment

This study analyses a production-management model that considers the possibility of implementing a reverse-logistics system for remanufacturing end-of-life products in a lean production environment (as opposed to models that use EOQ approaches). Decision variables are identified (including manufacturing and remanufacturing capacities and return rates and use rates for end-oflife products) and o...

Optimal pricing and ordering policies for perishable products under advance-cash-credit payment scheme

Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company’s profitability in a supply chain. In today’s business transactions, a supplier usually asks a manufacturer to pay via the advance-cash-credit (ACC) payment scheme i...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...

Energy Policies for Carbon Dioxide Emission Reduction

Qianqian Chen: a Deferred Payment Strategy for Risk-averse Supply Chain Based on Cvar

The offer of a delayed period for payment from suppliers may help retailers to order more but also improve the total supply chain performance. In this paper, we adopt Conditional Value-at-Risk, CVaR, as the performance criterion to examine how supply chain performance is affected through the deferred payment contract. Analytical results are yielded for the newsvendor retailer’s optimal order qu...