S routinely sell goods to retailers on credit. Common credit terms are tantamount to a schedule of declining discounts (escalating penalties) that depend on how long the retailer takes to pay off the supplier’s loan. However, issues such as which stocking policies are optimal in the presence of supplier-provided credit have been investigated only when demand is assumed deterministic. Nearly all...

This paper aims to compare a two-echelon and a single-echelon distribution system. A mathematical model for the Single-Echelon Capacitated Vehicle Routing Problem (SE-CVRP) is proposed. This SE-CVRP is the counterpart of Two-Echelon Capacitated Vehicle Routing Problem (2E-CVRP) introduced in the authors’ previous work. The proposed mathematical model is Mixed-Integer Non-Linear Programming (MIN...

this paper deals with an i * corresponding author email address:   nventory system with one central warehouse and a number of identical retailers. we consider perishable-on-the-shelf items; that is, all items have a fixed shelf life and start to age on their arrival at the retailers. each retailer faces poisson demand and employs (1, t) inventory policy. although demand n...

In this research, the optimal pricing decisions for two complementary products in a two-echelon supply chain under two scenarios are studied. The proposed supply chain in each echelon includes one retailer and two manufacturers and the same complementary products are produced. In the first scenario, we assume the unit manufacturing costs of the complementary products in each echelon are the sam...

This paper looks at the e¤ect of credit constraints on skill acquisition when agents have heterogeneous abilities and wealth. We use a general equilibrium model and assume credit markets are absent. Two payment systems for training are explored. Under the …rst, payment is made up front and as a result, credit constraints are severe. In the second, a form of work study is allowed, and this helps...

In this study, a two-echelon supplier-manufacturer system with finite production rate and lead time is proposed. It is assumed that shortage is not permitted and the lot size of manufacturer (second echelon) is m-factors of the lot size of supplier (first echelon) and supplier can supply the manufacturer’s lot size in several shipments in each cyc...

supply chain management is one of the main factors of successful organization. one of the important causes of its’ ineffectiveness is “bullwhip effect”. most of previous studies were about its’ effect on one-product and two-echelon chains. in this paper, the authors try to study bullwhip effect on two and three-echelon chains which includes more than one product according to some assumptions. t...