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U nder a consignment contract with revenue sharing, a supplier decides on the retail price and delivery quantity for his product, and retains ownership of the goods; for each item sold, the retailer deducts a percentage from the selling price and remits the balance to the supplier. In this paper we show that, under such a contract, both the overall channel(More)
We introduce a distribution center (DC) location model that incorporates working inventory and safety stock inventory costs at the distribution centers. In addition, the model incorporates transport costs from the suppliers to the DCs that explicitly reflect economies of scale through the use of a fixed cost term. The model is formulated as a non-linear(More)
W e consider a joint location-inventory problem involving a single supplier and multiple retailers. Associated with each retailer is some variable demand. Due to this variability, some amount of safety stock must be maintained to achieve suitable service levels. However, risk-pooling benefits may be achieved by allowing some retailers to serve as(More)
Motivated by an application in assortment planning under the nested logit choice model, we develop a polynomial-time approximation scheme for the sum-of-ratios optimization problem with a capacity constraint and a fixed number of product groups. Assortment planning is an important problem facing many retailers and has been studied extensively in the supply(More)
We consider an assortment optimization problem where a retailer chooses an assortment of products that maximizes the profit subject to a capacity constraint. The demand is represented by a multinomial logit choice model. We consider both the static and dynamic optimization problems. In the static problem, we assume that the parameters of the logit model are(More)
W e analyze the problem faced by companies that rely on TL (Truckload) and LTL (Less than Truckload) carriers for the distribution of products across their supply chain. Our goal is to design simple inventory policies and transportation strategies to satisfy time-varying demands over a finite horizon, while minimizing systemwide cost by taking advantage of(More)
W hen designing supply chains, firms are often faced with the competing demands of improved customer service and reduced cost. We extend a cost-based location-inventory model (Shen et al. 2003) to include a customer service element and develop practical methods for quick and meaningful evaluation of cost/service trade-offs. Service is measured by the(More)
The transportation sector is a major source of greenhouse gas (GHG) emissions. As a step toward a greener environment, solutions involving electric vehicles (EVs) have been proposed and discussed. When powered by electricity from efficient and environmentally-friendly generators, EVs have significantly lower per-mile running costs compared to gasoline cars,(More)