Coordinated ordering decisions for products with short lifecycle and variable selling price

Authors:
Ping-Hui Hsu;Hui-Ming Teng;Yung-Tsan Jou;Hui Ming Wee
Affiliations:
Department of Business Administration, De Lin Institute of Technology, Tu-Cheng, Taipei, Taiwan 236, ROC;Department of Business Administration, Chihlee Institute of Technology, Panchiao, Taipei, Taiwan 22005, ROC and Department of Industrial Engineering, Chung Yuan Christian University, Chungli, Taiw ...;Department of Industrial Engineering, Chung Yuan Christian University, Chungli, Taiwan 32023, ROC;Department of Industrial Engineering, Chung Yuan Christian University, Chungli, Taiwan 32023, ROC
Venue:
Computers and Industrial Engineering
Year:
2008

Citing 3
Cited 2

Contracting for software development

Management Science
Channel coordination and quantity discounts

Management Science
Price Protection in the Personal Computer Industry

Management Science

A multiple-vendor single-buyer integrated inventory model with a variable number of vendors

Computers and Industrial Engineering
Meta-heuristic algorithms for solving a fuzzy single-period problem

Mathematical and Computer Modelling: An International Journal

Quantified Score

Hi-index	0.00

Visualization

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.