524
Views
12
CrossRef citations to date
0
Altmetric
Articles

Retailer vs. vendor managed inventory with considering stochastic learning effect

, , , &
Pages 628-646 | Received 05 Dec 2017, Accepted 18 Jan 2019, Published online: 07 Apr 2019

References

  • Almehdawe, E., & Mantin, B. (2010). Vendor managed inventory with a capacitated manufacturer and multiple retailers: Retailer versus manufacturer leadership. International Journal of Production Economics, 128(1), 292–302. doi:10.1016/j.ijpe.2010.07.029
  • Anand, K., Anupindi, R., & Bassok, Y. (2008). Strategic inventories in vertical contracts. Management Science, 54(10), 1792–1804. doi:10.1287/mnsc.1080.0894
  • Arrow, K. J. (1962). The economic implications of learning by doing. Review of Economic Studies, 29(3), 155–173. doi:10.2307/2295952
  • Bensoussan, A., Chen, S., & Sethi, S. P. (2013). Feedback Stackelberg solutions of infinite-horizon stochastic differential games. In Models and methods in economics and management sciences (pp. 3–15). Switzerland: Springer.
  • Bichescu, B. C., & Fry, M. J. (2009). Vendor-managed inventory and the effect of channel power. OR Spectrum, 31(1), 195–228. doi:10.1007/s00291-007-0102-7
  • Çetinkaya, S., & Lee, C. Y. (2000). Stock replenishment and shipment scheduling for vendor-managed inventory systems. Management Science, 46(2), 217–232. doi:10.1287/mnsc.46.2.217.11923
  • Çetinkaya, S., Zhang, Y., & Akcali, E. (2017). Vendor-buyer inventory problem revisited: modeling random yield and trade credit. Journal of the Operational Research Society, 68(10), 1265–1278. doi:10.1057/s41274-016-0110-6
  • Chen, Z., & Sarker, B. R. (2015). Aggregate production planning with learning effect and uncertain demand: A case based study. Journal of Modelling in Management, 10(3), 296–324. doi:10.1108/JM2-12-2012-0044
  • Choi, K. S., Dai, J., & Song, J. (2004). On measuring supplier performance under vendor-managed-inventory programs in capacitated supply chains. Manufacturing & Service Operations Management, 6(1), 53–72. doi:10.1287/msom.1030.0029
  • Dasgupta, P., & Stiglitz, J. (1988). Learning-by-doing, market structure and industrial and trade policies. Oxford Economic Papers, 40(2), 246–268. doi:10.1093/oxfordjournals.oep.a041850
  • Delage, E., Arroyo, S., & Ye, Y. (2014). The value of stochastic modeling in two-stage stochastic programs with cost uncertainty. Operations Research, 62(6), 1377–1393. doi:10.1287/opre.2014.1318
  • Fry, M. J., Kapuscinski, R., & Olsen, T. L. (2001). Coordinating production and delivery under a (z, Z)-type vendor-managed inventory contract. Manufacturing & Service Operations Management, 3(2), 151–173. doi:10.1287/msom.3.2.151.9989
  • Fudenberg, D., & Tirole, J. (1983). Capital as a commitment: Strategic investment to deter mobility. Journal of Economic Theory, 31(2), 227–250. doi:10.1016/0022-0531(83)90075-3
  • Govindan, K. (2015). The optimal replenishment policy for time-varying stochastic demand under vendor managed inventory. European Journal of Operational Research, 242(2), 402–423. doi:10.1016/j.ejor.2014.09.045
  • Gray, J. V., Tomlin, B., & Roth, A. V. (2009). Outsourcing to a powerful contract manufacturer: The effect of learning-by-doing. Production and Operations Management, 18(5), 487–505. doi:10.1111/j.1937-5956.2009.01024.x
  • Hatch, N. W., & Mowery, D. C. (1998). Process innovation and learning by doing in semiconductor manufacturing. Management Science, 44(11-Part-1), 1461–1477. doi:10.1287/mnsc.44.11.1461
  • Hong, X., Wang, C., Xu, L., & Diabat, A. (2016). Multiple-vendor, multiple-retailer based vendor-managed inventory. Annals of Operations Research, 238(1–2), 277–297. doi:10.1007/s10479-015-2040-0
  • Jaber, M. Y., & Bonney, M. (1999). Economic manufacture/order quantity (EMQ/EOQ) and the learning curve: Past, present, and future. International Journal of Production Economics, 59(1–3), 93–102. doi:10.1016/S0925-5273(98)00027-9
  • Jaber, M. Y., Bonney, M., & Guiffrida, A. L. (2010). Coordinating a three-level supply chain with learning-based continuous improvement. International Journal of Production Economics, 127(1), 27–38. doi:10.1016/j.ijpe.2010.04.010
  • Knecht, G. R. (1974). Costing, technological growth and generalized learning curves. Journal of the Operational Research Society, 25(3), 487–491. doi:10.1057/jors.1974.82
  • Kroll, D. E., & Kumar, K. R. (1989). The incorporation of learning in production planning models. Annals of Operations Research, 17(1), 291–304. doi:10.1007/BF02096610
  • Kumar, N., Singh, S. R., & Kumar, R. (2013). Learning effect on an inventory model with two-level storage and partial backlogging under inflation. International Journal of Services and Operations Management, 16(1), 105–122. doi:10.1504/IJSOM.2013.055575
  • Lee, C. C., & Chu, W. H. J. (2005). Who should control inventory in a supply chain?. European Journal of Operational Research, 164(1), 158–172. doi:10.1016/j.ejor.2003.11.009
  • Lee, J. Y., Cho, R. K., & Paik, S. K. (2016). Supply chain coordination in vendor-managed inventory systems with stockout-cost sharing under limited storage capacity. European Journal of Operational Research, 248(1), 95–106. doi:10.1016/j.ejor.2015.06.080
  • Li, T., Sethi, S. P., & He, X. (2015). Dynamic pricing, production, and channel coordination with stochastic learning. Production and Operations Management, 24(6), 857–882. doi:10.1111/poms.12320
  • Mazzola, J. B., & McCardle, K. F. (1996). A Bayesian approach to managing learning-curve uncertainty. Management Science, 42(5), 680–692. doi:10.1287/mnsc.42.5.680
  • Mishra, B. K., & Raghunathan, S. (2004). Retailer-vs. vendor-managed inventory and brand competition. Management Science, 50(4), 445–457. doi:10.1287/mnsc.1030.0174
  • Nyen, P. L., Bertrand, J. W., Ooijen, H. P., & Vandaele, N. J. (2009). Supplier managed inventory in the OEM supply chain: The impact of relationship types on total costs and cost distribution. OR Spectrum, 31(1), 167–194. doi:10.1007/s00291-007-0105-4
  • Pan, X., & Li, S. (2016). Dynamic optimal control of process-product innovation with learning by doing. European Journal of Operational Research, 248(1), 136–145. doi:10.1016/j.ejor.2015.07.007
  • Reis, D. A. (1991). Learning curves in food services. Journal of the Operational Research Society, 42(8), 623–629. doi:10.1057/jors.1991.128
  • Ru, J., & Wang, Y. (2010). Consignment contracting: Who should control inventory in the supply chain? European Journal of Operational Research, 201(3), 760–769. doi:10.1016/j.ejor.2009.04.006
  • Salameh, M. K., Abdul-Malak, U. A. M., & Jaber, M. Y. (1993). Mathematical modeling of the effect of human learning in the finite production inventory model. Applied Mathematical Modelling, 17(11), 613–615. doi:10.1016/0307-904X(93)90070-W
  • Shum, S., Tong, S., & Xiao, T. (2017). On the impact of uncertain cost reduction when selling to strategic consumers. Management Science, 63(3), 843–860. doi:10.1287/mnsc.2015.2355
  • Silbermayr, L., & Minner, S. (2016). Dual sourcing under disruption risk and cost improvement through learning. European Journal of Operational Research, 250(1), 226–238. doi:10.1016/j.ejor.2015.09.017
  • Spence, A. M. (1981). The learning curve and competition. The Bell Journal of Economics, 12(1), 49–70. doi:10.2307/3003508
  • Veldman, J., & Gaalman, G. (2015). Competitive investments in cost reducing process improvement: The role of managerial incentives and spillover learning. International Journal of Production Economics, 170(Part B), 701–709. doi:10.1016/j.ijpe.2015.08.016
  • Wright, T. P. (1936). Factors affecting the cost of airplanes. Journal of Aeronautical Sciences, 3(4), 122–128. doi:10.2514/8.155
  • Yao, Y., Evers, P. T., & Dresner, M. E. (2007). Supply chain integration in vendor-managed inventory. Decision Support Systems, 43(2), 663–674. doi:10.1016/j.dss.2005.05.021
  • Zanoni, S., Jaber, M. Y., & Zavanella, L. E. (2012). Vendor managed inventory (VMI) with consignment considering learning and forgetting effects. International Journal of Production Economics, 140(2), 721–730. doi:10.1016/j.ijpe.2011.08.018

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.