Coordinated ordering decisions for products with short lifecycle and variable selling price |
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| Authors: | Ping-Hui Hsu Hui-Ming Teng Yung-Tsan Jou Hui Ming Wee |
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| Affiliation: | 1. Department of Business Administration, De Lin Institute of Technology, Tu-Cheng, Taipei, Taiwan 236, ROC;2. Department of Business Administration, Chihlee Institute of Technology, Panchiao, Taipei, Taiwan 22005, ROC;3. Department of Industrial Engineering, Chung Yuan Christian University, Chungli, Taiwan 32023, ROC;1. Laboratory for MEMS Applications, IMTEK—Department of Microsystems Engineering, University of Freiburg, Georges-Koehler-Allee 103, 79110 Freiburg, Germany;2. Biofluidix GmbH, Engesserstrasse 4A, 79108 Freiburg, Germany;1. School of Mathematical Sciences and LPMC, Nankai University, Tianjin 300071, China;2. Business School, Nankai University, Tianjin 300071, China;3. Department of Business and Economics, University of Southern Denmark, DK-5230 Odense M, Denmark;1. Laboratoire de génie chimique, Département de Chimie Industrielle, Université Saad Dahlab, BP 270, Route de Soumaa, 09000 Blida, Algeria;2. Centre de Recherche en Technologie des Semi-conducteurs pour l’Energétique, 2, Bd Frantz Fanon, BP 140, Alger-7-merveilles, 16027 Algiers, Algeria;3. Laboratoire d’Analyse Fonctionnelle des Procédés Chimiques, Département de Chimie Industrielle, Université Saad Dahlab, BP 270, Route de Soumaa, 09000 Blida, Algeria;4. Laboratoire Centrale de Police Scientifique, Département Sécurité Alimentaire/Environnement, 1, Rue Abdelaziz Boukhalfa, 16000, Algeria;5. Laboratoire Plantes Pesticides et Développement Durable (PPDD), URVVC-SE EA 2069, Université de Reims Champagne-Ardenne, BP 1039, 51687 Reims Cedex 2, France;1. Department of Civil and Environmental Engineering, University of South Florida, Tampa, FL, USA;2. School of Civil Engineering, Southwest Jiaotong University, Chengdu, Sichuan, China;3. Highway Engineering Key Laboratory of Sichuan Province, Chengdu, Sichuan, China |
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| Abstract: | The supplier–buyer coordination is an important policy in the supply chain management. The buyer in the two-echelon inventory system with regular selling season has to face the uncertainty of customer demand, supplier’s delivery time and variable price change. At the same time, the supplier has to consider the inventory holding and delay cost. The objective of this study is to develop an integrated supply chain strategy for products with short lifecycle and variable selling price to entice cooperation. The strategy must provide a win–win situation for both the supplier and the buyer. A numerical case example, sensitivity analysis and compensation mechanism are given to illustrate the model. |
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