YIELD UNCERTAINTY AND MILK SUPPLY RESPONSE IN TWO-TIER PRICE SYSTEMS

Impact of demand price elasticity on advantages of cooperative advertising in a two-tier supply chain

Flexible supply contracts under price uncertainty

This article develops supply contracts covering environments with changing prices. We investigate characterization properties of the price processes, while considering costs and discount factors. We determine expressions of the contract’s expected low price and its second moment for a given horizon. We then employ these expected price and second moment values to identify an expected optimum tim...

Response of milk fat concentration and yield to nutrient supply in dairy cows.

Dietary changes alter dairy cow milk fat concentration (MFC) and yield (MFY) through modifications in the supply of nutrients, which act as precursors or inhibitors of mammary fat synthesis. The current models used to formulate dairy cow diets cannot predict changes in milk fat. The knowledge of the effects of the nutrients on milk fat would help to progress toward this prediction. To this end,...

An Integrated Model for a Two-supplier Supply Chain with Uncertainty in the Supply

The objective of this paper is to study an integrated two-supplier supply chain whose suppliers are unreliable. An unreliable supplier is alternative between available (ON) and unavailable (OFF) states which are considered to be independent exponential variables. The suppliers apply a continuous review policy and the retailer uses an adapted continuous review base on an(R,Q) policy. Transportat...

A multi-product green supply chain under government supervision with price and demand uncertainty

In this paper, a bi-level game-theoretic model is proposed to investigate the effects of governmental financial intervention on green supply chain. This problem is formulated as a bi-level program for a green supply chain that produces various products with different environmental pollution levels. The problem is also regard uncertainties in market demand and sale price of raw materials and pro...