English  |  正體中文  |  简体中文  |  Items with full text/Total items : 63190/95884 (66%)
Visitors : 4585950      Online Users : 205
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/122367


    Title: Lot-sizing and pricing decisions for perishable products under three-echelon supply chains when demand depends on price and stock-age
    Authors: Ruihai Li;Jinn-Tsair Teng;Chun-Tao Chang
    Keywords: Supply chain;Price-and-age-dependent demand;Advance-cash-credit payments;Discounted cash-flow analysis
    Date: 2021-10-06
    Issue Date: 2022-03-04 12:14:15 (UTC+8)
    Publisher: Springer New York LLC
    Abstract: In economics, a demand curve is almost always downward-sloping, reflecting the willingness of consumers to purchase more of the commodity at lower price levels. In addition, the demand for seasonal products (such as fashion apparels, beverages etc.) or perishable goods (such as meat and seafood, dairy products, fruit and vegetables, pharmaceutical products, and chemicals) decreases over time. Hence, demand is a function of price and stock-age. With large business transactions, a seller usually demands a down payment (i.e., an advance payment) to ensure that the buyer is making a serious offer. Conversely, a buyer frequently requests to hold a fraction of total purchase cost until the business transaction is completed and satisfactory (i.e., a credit payment). As a result, a combination of advance, cash, and credit (ACC) payments is commonly used in business transactions. This paper develops a supplier–retailer–customer chain in which the retailer receives an upstream ACC payment from the supplier while in return offers a down-stream cash-credit (some in cash and the remainder in credit) payment to customers, the demand is influenced by the combined effect of selling price and stock age, and the deterioration rate is time-varying. The retailer must determine optimal unit price and replenishment time to maximize the present value of total profit, which is strictly concave in selling price and strictly pseudo-concave in replenishment time. Finally, a sensitivity analysis is performed, and several managerial insights are obtained. For instance, an increase in the fraction of advance payment forces the retailer to raise selling price.
    Relation: Annals of Operations Research 307, p.303-328
    DOI: 10.1007/s10479-021-04272-0
    Appears in Collections:[Graduate Institute & Department of Statistics] Journal Article

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML68View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback