Please use this identifier to cite or link to this item:
Title: Integrated supply chain of supplier and retailer for stochastic demand
Authors: Tiwari, S. 
Jaggi, C.K.
Sana, S.S.
Keywords: Buyback
Distribution free
Supply chain
Issue Date: 2018
Publisher: VGTU
Citation: Tiwari, S., Jaggi, C.K., Sana, S.S. (2018). Integrated supply chain of supplier and retailer for stochastic demand. Mathematical Modelling and Analysis 23 (4) : 582-595. ScholarBank@NUS Repository.
Rights: Attribution 4.0 International
Abstract: This article deals with a two-stage supply chain comprising of the retailer and the supplier in which demand of the end customers follows news-vendor type demand. The setup costs, purchasing and procurement costs are dependent on lot sizes. The mathematical models for continuous and discrete variables of the chain are analyzed mathematically to maximize the expected average profits of individual and the collaborating systems. As our study suggests that collaborating system is always better than the decentralized system for known distribution cases, we also optimize the joint profit of the retailer and the supplier for a distribution free case which is implemented for unknown distribution. Finally, numerical examples of the demand patterns are illustrated to justify the proposed model. The punctual research directions from the proposed model are also provided in the conclusion section. © 2018 The Author(s).
Source Title: Mathematical Modelling and Analysis
ISSN: 1392-6292
DOI: 10.3846/mma.2018.035
Rights: Attribution 4.0 International
Appears in Collections:Elements
Staff Publications

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
10_3846_mma_2018_035.pdf561.77 kBAdobe PDF




checked on Mar 22, 2023

Page view(s)

checked on Mar 16, 2023

Google ScholarTM



This item is licensed under a Creative Commons License Creative Commons