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Inventory and coordination issues with two substitutable products

机译:两种可替代产品的库存和协调问题

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This study considers a two level supply chain in a newsboy setting with two substitutable products. Demands for the two products are assumed independent as long as both are available. If, however, a product stocks out, some of its demand is transferred to the available one with a known probability which ultimately creates a dependence on the amount of purchased items. The retailer is allowed to return some or all of the unsold products to the manufacturer with some credit. The expected chain profit, the retailer's and the manufacturer's profit expressions are derived under general conditions. Special cases are inspected to investigate the conditions under which channel coordination is achieved. It is demonstrated that channel coordination can not be achieved if unlimited returns are allowed with full credit, a result that agrees with the findings of Pasternak [B.A. Pasternack, Optimal pricing and return policies for perishable commodities, Market. Sci. 4 (1985) 166-176) for the single item case. For the cases of unlimited returns with partial credit, the conditions for coordination are derived for one way full substitutions. For exponential demand explicit expressions for the channel and retailer's expected profit functions are provided.
机译:这项研究考虑了报童环境中的两个供应商的二级供应链,其中包含两个可替代产品。只要两种产品都可用,就假定这两种产品的需求是独立的。但是,如果某产品缺货,则其某些需求会以已知的概率转移到可用的需求,这最终会导致对所购买商品数量的依赖性。允许零售商以一定的信誉将部分或全部未售出的产品退还给制造商。预期的连锁利润,零售商和制造商的利润表述是在一般条件下得出的。检查特殊情况以调查达到信道协调的条件。事实证明,如果全额功劳允许无限回报,则无法实现渠道协调,这一结果与Pasternak [B.A. Pasternack,易腐商品的最佳定价和退货政策,市场。科学4(1985)166-176)。对于带有部分信用额的无限制回报的情况,可以通过一种完全替代的方式得出协调条件。对于指数需求,提供了渠道和零售商的预期利润函数的明确表达式。

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