A consignment inventory model for deteriorating items with stock-dependent demand and space constraint
| Autor: | Chih Yuan Chen, 陳智遠 |
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| Rok vydání: | 2009 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 97 “Consignment inventory” is the process of supplier placing goods at a customer location without receiving payment until after the goods are used or sold and it can be mutually beneficial to both the supplier and the retailer. According to previous studies, displaying numerous goods on the shelf might stimulate customer demand. However, stocking too much inventory may tie up retailer’s capital. In practice, the volume of shelf space should be taken into consideration while trading off the number of goods in display. This study considers a single-supplier single-retailer supply chain problem with stock-dependent retailer demand; product deterioration and retailer have limited shelf space. In the inventory system, consignment is executed. This study makes two main conclusions. First, as the retailer’s shelf space increases the supplier’s replenishment frequency and joint profit increase. But, joint profit remains unchanged while retailer’s shelf space reaches a limit. Second, in the no shelf space constraint model supplier’s replenishment frequency, retailer’s order quantity and joint revenue increase when demand is highly sensitive to the retailer’s shelf inventory. But the deterioration rate has the negative impact on the joint profit value. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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