Dissertation
Integrated production, inventory and pricing decisions in two-echelon supply chains
Doctor of Philosophy (Ph.D.), Drexel University
Jun 2012
DOI:
https://doi.org/10.17918/etd-7569
Abstract
This thesis investigates the optimal decisions for maximizing the expected profit level of a supply chain when market demand is price-sensitive. We examine two-echelon supply chains consisting of a single manufacturer and one or more retailers, where the organizations simultaneously determine the retail price, production lot size and inventory replenishment schedules to maximize the profit of the entire supply chain. In particular, we first develop a model for singlemanufacturer single-retailer (SMSR) supply chains, assuming deterministic market demand. We then extend the SMSR model to supply chains with multiple-retailers (i.e. SMMR supply chains). Finally, we examine both SMSR and SMMR supply chains in stochastic market demand environments. We show that supply chain cooperation/centralization brings higher profits for the manufacturer and the retailer(s), and benefits retail consumers with a lower retail price. We propose efficient algorithms for our models and illustrate them through numerical examples. Managerial implications and future research directions are also discussed.
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Details
- Title
- Integrated production, inventory and pricing decisions in two-echelon supply chains
- Creators
- Changyuan Yan - DU
- Contributors
- Avijit Banerjee (Advisor) - Drexel University (1970-)
- Awarding Institution
- Drexel University
- Degree Awarded
- Doctor of Philosophy (Ph.D.)
- Publisher
- Drexel University; Philadelphia, Pennsylvania
- Number of pages
- vii, 144 pages
- Resource Type
- Dissertation
- Language
- English
- Academic Unit
- Bennett S. LeBow College of Business; General Business; Drexel University
- Other Identifier
- 7569; 991014632415304721