Impact of price sensitive and stock dependent random demand on supply chain coordination / G. Parthasarathi in International journal of management science and engineering management, Vol. 5 N° 1 (Fevrier 2010)  

Public ISBD [article]  inInternational journal of management science and engineering management > Vol. 5 N° 1 (Fevrier 2010) . - pp.72-80 Titre : Impact of price sensitive and stock dependent random demand on supply chain coordination Type de document : texte imprimé Auteurs : G. Parthasarathi, Auteur ; S. P. Sarmah, Auteur ; M. Jenamani, Auteur Année de publication : 2011 Article en page(s) : pp.72-80 Note générale : Management Langues : Anglais (eng) Mots-clés : Supply chain Coordination Contracts Return policies Price-sensitive demand Stock dependant Résumé : In this paper, a coordination model is developed for a single manufacturer-single retailer distribution supply chain dealing with short life-cycle products, operating under price-sensitive and stock-dependent random demand. Here, the demand is modeled in additive fashion that captures the three features, namely, price-sensitivity, initial stock dependency and uncertainty of demand. A numerical study is carried out to illustrate the model and sensitivity analysis is performed to analyze the impact of price-sensitivity, stock-dependency, and demand uncertainty on the supply chain performance. It is found that under the same price-sensitivity, at higher levels of stock dependency, as the demand variability is increased, supply chain performance is decreased. DEWEY : 658 ISSN : 1750-9653 En ligne : http://www.ijmsem.org/OnlineJournal.do/?117.html [article] Impact of price sensitive and stock dependent random demand on supply chain coordination [texte imprimé] / G. Parthasarathi, Auteur ; S. P. Sarmah, Auteur ; M. Jenamani, Auteur . - 2011 . - pp.72-80. Management Langues : Anglais (eng) in International journal of management science and engineering management > Vol. 5 N° 1 (Fevrier 2010) . - pp.72-80 Mots-clés : Supply chain Coordination Contracts Return policies Price-sensitive demand Stock dependant Résumé : In this paper, a coordination model is developed for a single manufacturer-single retailer distribution supply chain dealing with short life-cycle products, operating under price-sensitive and stock-dependent random demand. Here, the demand is modeled in additive fashion that captures the three features, namely, price-sensitivity, initial stock dependency and uncertainty of demand. A numerical study is carried out to illustrate the model and sensitivity analysis is performed to analyze the impact of price-sensitivity, stock-dependency, and demand uncertainty on the supply chain performance. It is found that under the same price-sensitivity, at higher levels of stock dependency, as the demand variability is increased, supply chain performance is decreased. DEWEY : 658 ISSN : 1750-9653 En ligne : http://www.ijmsem.org/OnlineJournal.do/?117.html

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