Journal
INTERNATIONAL JOURNAL OF APPROXIMATE REASONING
Volume 51, Issue 7, Pages 771-784Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.ijar.2010.04.002
Keywords
Supply chain; Fuzzy set; Fuzzy random variable; Imperfect items; Repurchasing coordination; Newsboy problem
Categories
Funding
- National Natural Science Foundation of China [70671056]
- Shandong Province Natural Science Foundation [Y2008H07]
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Facing to imperfect quality and fuzzy random market demand in the real-life inventory management, a two-echelon supply chain system with one retailer and one manufacturer for perishable products is considered. Two fuzzy random models for the newsboy problem with imperfect quality in the decentralized and centralized systems are presented. The expectation theory and signed distance are employed to transform the fuzzy random model into crisp model. The optimal policies in the two decision-making systems are derived and analyzed contrastively. The theoretical analysis shows that manufacturer's repurchase strategy can achieve the increase in the whole supply chain profit. The influence of the fuzzy randomness of the demand and the defective rate on the optimal order quantity, the whole supply chain profit and the repurchasing price is analyzed via numerical examples. (C) 2010 Elsevier Inc. All rights reserved.
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