W model strategic behavior of two types of suppliers in B2B spot markets: a supplier that has forward contracts and uses the spot market only for inventory liquidation, and a supplier that uses the spot market as its sole selling channel. We find that when the spot market demand is small, the supplier that has forward contracts has a higher incentive to invest in expanding the spot market. When...

W explore using an option contract as a price discrimination tool under demand uncertainty. In our capacity game model, a monopolistic supplier has to build capacity before observing the uncertain demand. The demand is generated by two potential customers, who privately know their own types. The types could be either high or low, differing in willingness to pay for each unit of demand. To discr...

Sustainable supplier selection is a pressing mater in supply chain management. This paper tackles the main pain points decision making during and order allocation (SSS & OA) under uncertainties for multi-item, multi-period setting, where each has its own pricing policy. In first phase, hybrid BWM-ER method employed evaluating ranking suppliers. this method, best worst (BWM) determining weights ...

We study a model of a firm managing its inventory of a single product by sourcing supplies from two supply sources, a regular supplier who offers a lower unit cost and a longer lead time than a second, emergency, supplier. A practically implementable policy for such a firm is a Tailored Base-Surge (TBS) Policy (Allon and Van Mieghem, 2010) to manage its inventory: Under this policy, the firm pr...

W study capacity reservation contracts between a high-tech manufacturer (supplier) and her oem customer (buyer). The supplier and the buyer are partners who enter a “design-win” agreement to develop the product, and who share the stochastic demand information. To encourage the supplier for more aggressive capacity expansion, the buyer reserves capacity upfront by paying a deductible fee. As cap...

This paper deals with the Stackelberg game model based on the buyback contract predominated by the supplier, and the equilibrium solutions to the model are available when wholesale price and maximum buyback rate are determined by the supplier and the order quantity is determined by the retailer with respect to the stochastic market demand. Coordination of different supply chains and risks share...

In this paper, we discuss the replenishment decision of seasonal products in a two-echelon distribution system consisting of a supplier and multiple retailers. Due to long manufacturing lead time, the supplier orders its entire stock for the season well in advance. The retailers, on the other hand, can replenish their inventory from the supplier throughout the season as demand realizes. Demand ...

Recent applications of game-theoretic analysis to supply chain efficiency have focused on constructs between a buyer (the retailer or manufacturer) and a seller (the supplier) in successive stages of a supply chain. If demand for the final product is stochastic then the supplier has an incentive to keep its capacity relatively low to avoid creating unneeded capacity. The manufacturer, on the ot...

This paper presents a hybrid algorithm that prioritizes the suppliers and then allocates the demand among the suppliers. The objective here is to maximize the total purchase value of the items taking into consideration budget constraint, demand condition, delivery lead-time and supplier capacity. Since the problem is multi-criteria decision making, we solve this problem by integrating the suppl...