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Applied Mathematics

Supply Chain Management

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Dynamic Pricing And Inventory Management: Theory And Applications, Renyu Zhang May 2016

Dynamic Pricing And Inventory Management: Theory And Applications, Renyu Zhang

Arts & Sciences Electronic Theses and Dissertations

We develop the models and methods to study the impact of some emerging trends in technology, marketplace, and society upon the pricing and inventory policy of a firm. We focus on the situation where the firm is in a dynamic, uncertain, and (possibly) competitive market environment. The market trends of particular interest to us are: (a) social networks, (b) sustainability concerns, and (c) customer behaviors. The two main running questions this dissertation aims to address are: (a) How these emerging market trends would influence the operations decisions and profitability of a firm; and (b) What pricing and inventory strategies a …

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A Two-Echelon Location-Inventory Model For A Multi-Product Donation-Demand Driven Industry, Milad Khajehnezhad Dec 2013

A Two-Echelon Location-Inventory Model For A Multi-Product Donation-Demand Driven Industry, Milad Khajehnezhad

Theses and Dissertations

This study involves a joint bi-echelon location inventory model for a donation-demand driven industry in which Distribution Centers (DC) and retailers (R) exist. In this model, we confine the variables of interest to include; coverage radius, service level, and multiple products. Each retailer has two classes of product flowing to and from its assigned DC i.e. surpluses and deliveries. The proposed model determines the number of DCs, DC locations, and assignments of retailers to those DCs so that the total annual cost including: facility location costs, transportation costs, and inventory costs are minimized. Due to the complexity of problem, the …

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