English, Article edition: Manufacturer-buyer coordination for newsvendor-type-products with two ordering opportunities and partial backorders Zhou, Yong-Wu; Wang, Sheng-Dong

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/10787
Physical Description
  • article
Language
  • English

Edition details

Title
  • Manufacturer-buyer coordination for newsvendor-type-products with two ordering opportunities and partial backorders
Author
  • Zhou, Yong-Wu
  • Wang, Sheng-Dong
Physical Description
  • article
Notes
  • In a recent paper [Weng, Z.K., 2004. Coordinating order quantities between the manufacturer and the buyer: A generalized newsvendor model. European Journal of Operational Research 156, 148-161], a newsvendor-type coordination model was developed for a single-manufacturer single-buyer channel with two ordering opportunities. This paper further extends the model to the case where the excess demand after the first order is partially backlogged and both parties share the manufacturing setup cost of the second order (if happened). We show that the decentralized system would perform best if the manufacturer covers utterly the second production setup cost, which is opposite to that obtained in Weng (2004). Another extension in the present paper is that in the centralized system, the second order decision is made by the buyer based on the channel's benefit rather than based on the buyer's benefit as in Weng (2004). It is proved that the expected profit of the system in our paper is always larger than that in Weng (2004). In order to maximize the expected profit of the channel, two coordinated policies are proposed to achieve perfect coordination: a two-part-tariff policy for the special case that the buyer pays all the manufacturing setup cost, and a revised revenue-sharing contract for the case that two parties share the manufacturing setup cost.
  • Supply chain coordination Newsvendor model Two ordering opportunities Partial backlogging Revised revenue-sharing contract
  • RePEc:eee:ejores:v:198:y:2009:i:3:p:958-974
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment