Please use this identifier to cite or link to this item: https://doi.org/10.1080/002075400422734
Title: Some models for understanding the cooperation between the supplier and the buyer
Authors: Sharafali, M. 
Co, H.C.
Issue Date: 2000
Source: Sharafali, M., Co, H.C. (2000). Some models for understanding the cooperation between the supplier and the buyer. International Journal of Production Research 38 (15) : 3425-3449. ScholarBank@NUS Repository. https://doi.org/10.1080/002075400422734
Abstract: This paper presents some stochastic models of cooperation between the supplier and the buyer. We first recall some of the results that pertain to the case where the buyer and the supplier formulate their inventory policies independently and sequentially. Next, we analyse the case where the buyer and the supplier jointly determine the optimal order quantities. Our analysis shows that only the supplier benefits from such cooperation. In order to motivate the buyer to cooperate, we consider some cooperative strategies. These include the analysis of the impact of (1) price changes, (2) discount policies and (3) partial deliveries. The importance of coordination is brought out from the analysis.
Source Title: International Journal of Production Research
URI: http://scholarbank.nus.edu.sg/handle/10635/44957
ISSN: 00207543
DOI: 10.1080/002075400422734
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