Bi-level credit period coordination for periodic review inventory system with price-credit dependent demand under time value of money

被引:65
作者
Johari, Maryam [1 ]
Hosseini-Motlagh, Seyyed-Mandi [1 ]
Nematollahi, Mohammadreza [1 ]
Goh, Mark [2 ,3 ]
Ignatius, Joshua [4 ]
机构
[1] Iran Univ Sci & Technol, Sch Ind Engn, Tehran 1684613114, Iran
[2] Natl Univ Singapore, NUS Business Sch, Singapore 119245, Singapore
[3] Natl Univ Singapore, Logist Inst Asia Pacific, Singapore 119245, Singapore
[4] Univ Warwick, Warwick Mfg Grp, Coventry CV4 7AL, W Midlands, England
关键词
Supply chain coordination; Bi-level credit period; Time value of money; Periodic review replenishment; Price-credit dependent demand; 2-LEVEL TRADE CREDIT; MANUFACTURERS REPLENISHMENT POLICIES; RETAILERS OPTIMAL REPLENISHMENT; COLLABORATIVE DECISION-MAKING; LOT-SIZING POLICY; SUPPLY CHAIN; PERMISSIBLE DELAY; ORDERING POLICIES; EPQ MODEL; EOQ MODEL;
D O I
10.1016/j.tre.2018.04.008
中图分类号
F [经济];
学科分类号
02 ;
摘要
A bi-level credit period coordination scheme is proposed for a supplier-retailer supply chain with a periodic review replenishment policy and price-credit dependent demand. The credit period offered by the retailer to its customers is a promotional effort to induce customer demand and gain market share. We model the problem under decentralized, centralized, and coordinated structures. Through the incentive scheme, the supplier seeks to increase the retailer's credit period by offering the retailer a credit period. Our results suggest that coordinating the inventory, pricing, and credit financing can improve the overall chain and individual member profitability.
引用
收藏
页码:270 / 291
页数:22
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