Optimal wholesale price for producer in supply chain under newsboy environment

M.A. Darwish and Majid Aldaihani

International Journal of Operational Research, 2013, vol. 18, issue 3, 304-317

Abstract: The lifecycles of technology-based products are rapidly becoming shorter through endless technological innovation. As a result, researchers and practitioners paid much attention on operations management issues for newsvendor-type products. However, due to the globalisation of market and keen competition, optimising supply chain decisions becomes very important and many researchers have turned their attention to the supply chain management for newsvendor-type products. In this paper, a model for supply chain with one producer and multiple retailers is considered. The retailers order quantities of the product based on newsvendor rule and the producer adjusts the production run accordingly. The purpose of the developed model is to find the optimal wholesale price which maximises the expected profit of the producer.

Keywords: operations research; supply chain management; SCM; newsvendor problem; wholesale prices; optimisation. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=56687 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijores:v:18:y:2013:i:3:p:304-317

Access Statistics for this article

More articles in International Journal of Operational Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().