 Factors affecting a perishable supply chain's transaction costs and serviceDmitriy Shaltayev, Borga Deniz and Robert Hasbrouck International Journal of Applied Management Science, 2016, vol. 8, issue 2, 114-131 Abstract: A discrete event simulation study is used to investigate the effect of supply variability, demand variability, targeted cycle service level, supply flexibility factor, number of suppliers, and retailer-to-supplier ratio on average transaction cost and observed cycle service level in a two-tiered supply chain with multiple suppliers and multiple retailers. Our findings indicate that transaction cost decreases as demand variability increases or as targeted cycle service level increases. Transaction cost increases as supply variability increases. Observed cycle service level and average transaction cost are not significantly affected by number of suppliers and retailer-to-supplier ratio. Observed customer service level gets worse when supply or demand variability increases, and it improves when supply becomes more available. Keywords: supply chain management; SCM; newsboy problem; newsvendor problem; discrete event simulation; perishable inventory; perishable supply chains; perishable goods; transaction costs; service levels; supply variability; demand variability; supply flexibility; number of suppliers; retailer-to-supplier ratio. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:injams:v:8:y:2016:i:2:p:114-131 Access Statistics for this article More articles in International Journal of Applied Management Science from Inderscience Enterprises Ltd |
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