We develop a price competition model for a new supply chain that competes in a market comprised of some rival supply chains. The new supply chain has one risk-neutral manufacturer and one risk-averse retailer in which the manufacturer is a leader and retailer is a follower. The manufacturer pays a fraction of the risk cost (caused by demand uncertainty) to the retailer. We apply this competitiv...

We study the competition of two supply chains which are subject to supply uncertainty. Each supply chain consists of a supplier and a retailer. The retailers engage in Cournot competition by determining order quantities from their exclusive suppliers. The suppliers may not be able to fulfill the retailer orders at all time due to various causes. We examine the decisions of the suppliers and ret...

Supply chain management is a set of used methods for the efficient integration of suppliers, manufacturers, warehouses, and sellers to response customer requirements to reduce system costs and to distribute products at the right place and right time. This study aims to identify and rank the supply chain damages using the analytic network process as a practical case in a fast moving consumer goo...

We have analysed an effect of the Bak-Sneppen predator-prey foodchain self-organization on nucleotide content of evolving species. In our model, genomes of the species under consideration have been represented by their nucleotide genomic fraction and we have applied two-parameter Kimura model of substitutions to include the changes of the fraction in time. The initial nucleotide fraction and su...

92 AI MAGAZINE ■ The Trading Agent Competition (TAC) has now become an annual fixture since its inception in 2000. The competition was conceived with the objective of studying automated trading strategies by focusing the research community on the development of competing solutions to a common trading scenario. The success of past TAC events has motivated broadening the scope of the competition ...

In the recent years, significant changes have taken place in the business environment. Among the many factors, globalization of business, proliferation of electronic marketplace (e-market), increased market competition, awareness of customers, and increased demand for the value added products/services have largely contributed to the change in the shift. The changing business scenario has compel...