scholarly journals A Sustainable Online-to-Offline (O2O) Retailing Strategy for a Supply Chain Management under Controllable Lead Time and Variable Demand

2021 ◽  
Vol 13 (4) ◽  
pp. 1756
Author(s):  
Biswajit Sarkar ◽  
Bikash Koli Dey ◽  
Mitali Sarkar ◽  
Ali AlArjani

Every industry always tries to provide the best service to its consumers. To provide better service to the consumer and optimize profit, a sustainable online-to-offline retailing strategy is proposed in this current study. Both online and offline systems are considered here, i.e., to provide the best service, the industry sells its products online and offline. Due to the consideration of online and offline systems, the selling price of the products is also different for different modes, and the demand for a particular product is the combined demand of online demand and offline demand, which depend on the selling price of the product. Moreover, the exact lead time and exact backorder are calculated to obtain the system’s exact cost or profit, which directly improves the system’s service. Different investments are incorporated to optimize the total system profit. A distribution-free approach is utilized to solve this model. Numerical examples are provided to prove the applicability of the model in reality. Sensitivity analysis is performed based on critical parameters. Special cases and graphical representations also prove the global optimality of the current study.

2013 ◽  
Vol 23 (1) ◽  
pp. 87-109 ◽  
Author(s):  
Hsien-Jen Lin

In this paper, we consider an integrated vendor-buyer inventory policy for a continuous review model with a random number of defective items and screening process gradually at a fixed screening rate in buyer?s arriving order lot. We assume that shortages are allowed and partially backlogged on the buyer?s side, and that the lead time demand distribution is unknown, except its first two moments. The objective is to apply the minmax distribution free approach to determine the optimal order quantity, reorder point, lead time and the number of lots delivered in one production run simultaneously so that the expected total system cost is minimized. Numerical experiments along with sensitivity analysis were performed to illustrate the effects of parameters on the decision and the total system cost.


Mathematics ◽  
2020 ◽  
Vol 8 (10) ◽  
pp. 1815
Author(s):  
Bimal Kumar Sett ◽  
Bikash Koli Dey ◽  
Biswajit Sarkar

The proposed model focuses on an imperfect production process (IPP) in which, during long-term production, the system may change to an “out-of-control” state from an “in-control” state and produce some imperfect products because of a long production run length. Brand image and industry reputation are affected by product defectiveness. To increase the profit of any industry and improve reputation and brand image, inspection of the production system is required. However, this inspection is subjected to human error, which negatively affects the assessment of production systems. Herein, an error-free inspection is performed with the help of an autonomation policy, in which each product is inspected via a machine instead of a human, facilitating an error-free inspection and converting the production system to a smart production system. Moreover, in reality, product demand cannot always be constant. Therefore, in this model, a selling-price-dependent demand is considered along with a variable production rate to enhance model applicability. Moreover, total system profit is optimized and optimal values for production run time, inspection scheduling, selling price, buffer inventory, and production rate are determined. Finally, for model validation, some numerical examples along with special cases are provided. The concavity of the optimal function is also proven through graphical illustration. The sensitivity of the key parameters of the presented model is explored and the significance is explained.


Mathematics ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 357 ◽  
Author(s):  
Soumya Kanti Hota ◽  
Biswajit Sarkar ◽  
Santanu Kumar Ghosh

The effect of unreliable players on the supply chain management with a single-setup-multi-unequal-increasing-delivery-policy (SSMUID) along with a service-dependent demand and investment is discussed in this model. The manufacturer is unreliable which causes an increase of lead time and shortage. For solving the shortage problem and reducing lead time crashing cost (LTCC), an investment is utilized with the variable backorder price discounts. The number of transportation increases due to the new transportation policy and it causes pollution. Besides the fixed transportation and carbon emission cost (FTCEC), a container dependent carbon emission cost is applied. Some investments for setup cost reduction (SCR), ordering cost reduction (OCR), and quality improvement (QI) are considered. The lead time demand follows a normal distribution. The total cost of the supply chain is optimized and the model is tested numerically. The main intent of this study is to solve the shortage problem which occurs due to unreliability of the manufacturer. The study helps to reduce the unreliability issue of the manufacturer. The objective function is solved by using the classical optimization technique. Numerical results show that the discount for partial backorder enhances the profitability of the manufacturer. The sensitiveness of the parameters are discussed through the sensitivity of analysis and some special cases. Managerial insights provide the applicability of this study among different sectors.


Mathematics ◽  
2021 ◽  
Vol 9 (6) ◽  
pp. 638
Author(s):  
Irfanullah Khan ◽  
Biswajit Sarkar

This study is the first to consider a distribution-free approach in a newsvendor model with a transfer of risk and back-ordering. Previously, in many articles, discrete demand is considered. In this model, we consider a newsvendor selling a single seasonal item with price-dependent stochastic demand. Competition in markets has forced the retailer and manufacturer to coordinate in decentralized supply chain management. A coordination contract is made between a retailer and manufacturer to overcome the randomness of demand for a short-life-cycle product. The retailer pays an additional amount per product to transfer the risk of unsold items. The manufacturer bears the cost of unsold products from the retailer. Shortages are allowed with back-ordering costs during the season. The distribution-free model is developed and solved with only available demand data of mean and standard deviation. Stackelberg’s game approach is used to calculate the optimal ordering quality and price. This model aims to maximize expected profit by optimizing unit selling price and ordered quantity through coordination. To illustrate that the model is robust, numerical experiment and sensitivity analyses are conducted for both decentralized and centralized supply chain management. For applicability of the model in the real-world business scenario, managerial insights are provided with sensitivity analysis.


2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Xiaowei Liu ◽  
Lingen Chen ◽  
Yanlin Ge ◽  
Huijun Feng ◽  
Feng Wu ◽  
...  

AbstractBased on an irreversible quantum Carnot heat pump model in which spin-1/2 systems are used as working substance, an exergy-based ecological function and some other important parameters of the model heat pump are derived. Numerical examples are provided to investigate its ecological performance characteristics. The influences of various irreversibility factors on the ecological performance are discussed. Performance comparison and discussion among maximum points of ecological function, heating load, and so on, are conducted. At last, three special cases are discussed.


2014 ◽  
Vol 2014 ◽  
pp. 1-16 ◽  
Author(s):  
M. F. Yang ◽  
Wei-Chung Tseng

This paper proposes a three-echelon inventory model with permissible delay in payments under controllable lead time and backorder consideration to find out the suitable inventory policy to enhance profit of the supply chain. In today’s highly competitive market, the supply chain management has become a critical issue in both practice and academic and supply chain members have to cooperate with each other to bring more benefits. In addition, the inventory policy is a key factor to influence the performance of the supply chain. Therefore, in this paper, we develop a three-echelon inventory model with permissible delay in payments under controllable lead time and backorder consideration. Furthermore, the purpose of this paper is to maximize the joint expect total profit on inventory model and attempt to discuss the inventory policy under different conditions. Finally, with a numerical example provided here to illustrate the solution procedure, we may discover that decision-makers can control lead time and payment time to enhance the performance of the supply chain.


2021 ◽  
Vol 47 (1) ◽  
Author(s):  
Kevin Schober ◽  
Jürgen Prestin ◽  
Serhii A. Stasyuk

AbstractIn this paper, we show that certain trigonometric polynomial shearlets which are special cases of directional de la Vallée Poussin-type wavelets are able to detect step discontinuities along boundary curves of periodic characteristic functions. Motivated by recent results for discrete shearlets in two dimensions, we provide lower and upper estimates for the magnitude of the corresponding inner products. In the proof, we use localization properties of trigonometric polynomial shearlets in the time and frequency domain and, among other things, bounds for certain Fresnel integrals. Moreover, we give numerical examples which underline the theoretical results.


2012 ◽  
Vol 2012 ◽  
pp. 1-16
Author(s):  
Renbin Liu ◽  
Yong Wu

Based on the renewal process theory we develop a decomposition method to analyze the reliability of the repair facility in ann-unit series system with vacations. Using this approach, we study the unavailability and the mean replacement number during(0,t]of the repair facility. The method proposed in this work is novel and concise, which can make us see clearly the structures of the facility indices of a series system with an unreliable repair facility, two convolution relations. Special cases and numerical examples are given to show the validity of our method.


Sign in / Sign up

Export Citation Format

Share Document