Inventory inaccuracies are costly and prevalent in many industries. This paper focuses on the impact of RFID technology adoption on supply chain decisions with shrinkage and misplacement problems in the Internet of Thing (IoT). We assume that the supply chain consists of one supplier and one retailer that sell a single product to the customer. By assuming that demand is uniformly distributed, a...

It is important for companies to manage their revenues and -reduce their costs efficiently. These goals can be achieved through effective pricing and inventory control strategies. This thesis studies a joint multi-period pricing and inventory control problem for a make-to-stock manufacturing system. Multiple products are produced under shared production capacity over a finite time horizon. The ...

In this research, a cost/benefit model is developed for supporting investment strategies about inventory and preventive maintenance in an imperfect production system. The effect of such investments on the return is expressed as a function of measurable variables. Using this model, the decision maker can decide whether investments in inventory and preventive maintenance are necessary and how muc...

Increased availability of high-quality customer information has fueled interest personalized pricing strategies, i.e., strategies that predict an individual customer’s valuation for a product and then o↵er a customized price tailored to that customer. While the appeal of personalized pricing is clear, it may also incur large costs in the form of market research, investment in information techno...

Integrating retail decisions on such aspects as assortment, pricing, and inventory greatly improves profitability. We examine a multi-period selling horizon where a retailer jointly optimizes assortment planning, pricing, and inventory decisions for a product line of substitutable products, in a market with multiple customer segments. Focusing on fast-moving retail products, the problem is mode...

A hi-tech firm can capture the economic rents (the above-normal return) if the position with strategic benefit of innovative activities has been implemented under uncertain technology development progress, uncertain market demand, and irreversible cost. An approach to evaluate the technology innovation project with the option pricing technique is proposed in this work, to simulate the uncertain...

Waste management and reworking are very crucial issues in the cleaner production system. The adaptation of preservation mechanism inventory control is also a key aspect from an economic environmental point view. In current study, model for system modelled considering all these practical inflation. Deterioration process takes place model, market demand viewed sales team efforts selling price dep...

technology transmission has engaged not only developing countries but also many western research communities. foreign direct investment is a commonly used method to transfer the technology. since specific studies on factors affecting the transmission of technology through foreign direct investment has not been made in nanotechnology, the purpose of this study is to identify the issues affecting...

Multistage stochastic programming is a key technology for making decisions over time in an uncertain environment. One of the promising areas in which this technology is implementable, is medium term planning of electricity production and trading where decision makers are typically faced with uncertain parameters (such as future demands and market prices) that can be described by stochastic proc...