Bridge material selection has traditionally been b~ed on e.ngineering and economi~ criteria. With the increasing interest of the public, industry, and government m sustainable:: development, en~lronmental. assessment in construction is becoming more important. However, we need metrtcs and data on deSign alternatives for effective decision making. In this paper, we present results of a life cycl...

The problem of setting prices for clearing retail inventories of fashion goods is a difficult task that is further exacerbated by the fact that markdowns enacted near the end of the selling season have a smaller impact on demand. In this article, we present discrete-time models for setting clearance prices in such an environment. When demand is deterministic, we compute optimal prices and show ...

An inventory model for deteriorating items with stock and price dependent demand is developed. Holding cost is considered as function of time. Shortages are allowed and completely backlogged. Numerical example is provided to illustrate the model and sensitivity analysis is also carried out for parameters.

T article studies a single-location inventory model with random leadtimes. Inventory is replenished by a single supplier who, at the time a replenishment order is received, knows exactly when the order will be delivered. In other words, the supplier knows the leadtime for every replenishment order. Suppose the singlelocation inventory system is managed by a retailer. The objective of this artic...

This paper develops a fuzzy inventory model for variable deteriorating items with time dependent two parameter Weibull demand rate. Shortages are allowed and partially backlogged. Each cycle has shortages, which have been partially backlogged to suit present day competition in the market. This inventory system follows a time varying holding cost. Here, the retailer is allowed a trade credit off...

The purpose of this study is to investigate the impact of trade credit in the inventory system. It explores an inventory system with noninstantaneous replenishment under conditions of permissible delay in payments. In practice, the supplier allows a certain fixed credit period to settle the account for stimulating retailer’s demand. Besides, the supplier can offer cash discount to encourage ret...

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T paper provides a model of the competitive newsvendor problem in which there is price competition following the inventory decisions. Using the biform game formalism of Brandenburger and Stuart (2004), the price competition is modeled by considering the core of the induced cooperative game. Such an analysis allows price competition to be modeled without a priori assumptions about price-setting ...