Coordinating a channel with a joint VMI and consignment contract for a deteriorating item and stock dependent demand

I. Chen Lin, Jen Ming Chen

研究成果: 書貢獻/報告類型會議論文篇章同行評審

摘要

The aim of the paper is to coordinate a vertically distribution channel (one vendor multiple retailers) under joint vendor-managed inventory (VMI) and consignment contractual arrangement The product is deteriorating in time at a constant rate and with stock-level dependent demand. We formulate the channel as a profit-maximization model and carry out equilibrium analysis to represent the performance the coordination mechanisms. In addition, the efficient frontier is constructed geographically to illustrate the feasible region of Pareto improvements from the channel-wide aspect Our analysis reveals that the joint VMI and consignment policy will obtain a lower retail price, more replenishment quantity and a shorter reorder cycle than these under a VMI only policy. It even increases channel wide profit by 14.9% compared with it in a VMI only policy.

原文???core.languages.en_GB???
主出版物標題Proceedings - 2010 IEEE 17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010
頁面1306-1310
頁數5
DOIs
出版狀態已出版 - 2010
事件17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010 - Xiamen, China
持續時間: 29 10月 201031 10月 2010

出版系列

名字Proceedings - 2010 IEEE 17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010

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???event.eventtypes.event.conference???17th International Conference on Industrial Engineering and Engineering Management, IE and EM2010
國家/地區China
城市Xiamen
期間29/10/1031/10/10

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