VENDOR MANAGED INVENTORY SYSTEM IN STATE OF ONE VENDOR AND MULTIPLE RETAILERS

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RASAY HASAN; ZARE MEHRJERDI YAHIA; FALAH NEJAD MOHAMMAD SABER

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Paper Information

Journal: INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT (IJIE) (INTERNATIONAL JOURNAL OF ENGINEERING SCIENCE) (PERSIAN) Year:2013 | Volume:24 | Issue:3 Page(s): 270-282

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Title

VENDOR MANAGED INVENTORY SYSTEM IN STATE OF ONE VENDOR AND MULTIPLE RETAILERS

Author(s)

RASAY HASAN | ZARE MEHRJERDI YAHIA | FALAH NEJAD MOHAMMAD SABER | Issue Writer Certificate

Keywords

VENDOR MANAGED INVENTORYQ1

GAME THEORYQ2

STACKELBERG GAME THEORYQ2

CENTRALIZED SUPPLY CHAINQ2

DECENTRALIZED SUPPLY CHAINQ2

Abstract

Consider a supply chain that consists of one vendor and multiple retailers. We assume that the vendor procures product from an external source and sells it with the same wholesale price to the retailers. Demands in retailers’market are decreasing function of the price and vendor makes use a VENDOR MANAGED INVENTORY strategy. In this paper we propose model of supply chain in centralized and decentralized state. Supply chain performance in centralized state can be analyzed by mathematic optimization model while for analyzing supply chain performance in decentralized state use Stackelberg game. Finally, numerical analyses about the proposed models are done and performance of supply chain in centralized and decentralized state is compared.

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APA: Copy

RASAY, HASAN, ZARE MEHRJERDI, YAHIA, & FALAH NEJAD, MOHAMMAD SABER. (2013). VENDOR MANAGED INVENTORY SYSTEM IN STATE OF ONE VENDOR AND MULTIPLE RETAILERS. INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT (IJIE) (INTERNATIONAL JOURNAL OF ENGINEERING SCIENCE) (PERSIAN), 24(3), 270-282. SID. https://sid.ir/paper/65919/en

Vancouver: Copy

RASAY HASAN, ZARE MEHRJERDI YAHIA, FALAH NEJAD MOHAMMAD SABER. VENDOR MANAGED INVENTORY SYSTEM IN STATE OF ONE VENDOR AND MULTIPLE RETAILERS. INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT (IJIE) (INTERNATIONAL JOURNAL OF ENGINEERING SCIENCE) (PERSIAN)[Internet]. 2013;24(3):270-282. Available from: https://sid.ir/paper/65919/en

IEEE: Copy

HASAN RASAY, YAHIA ZARE MEHRJERDI, and MOHAMMAD SABER FALAH NEJAD, “VENDOR MANAGED INVENTORY SYSTEM IN STATE OF ONE VENDOR AND MULTIPLE RETAILERS,” INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT (IJIE) (INTERNATIONAL JOURNAL OF ENGINEERING SCIENCE) (PERSIAN), vol. 24, no. 3, pp. 270–282, 2013, [Online]. Available: https://sid.ir/paper/65919/en

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