대한산업공학회지 (Journal of Korean Institute of Industrial Engineers)

  • 제30권2호
  • /
  • Pages.146-158
  • /
  • 2004
  • /
  • 1225-0988(pISSN)
  • /
  • 2234-6457(eISSN)
대한산업공학회 (Korean Institute of Industrial Engineers)
권호 표지

다단계 SCM 환경에서 품절을 고려한 최적의 제품가격 및 재고정책 결정

A Combined Approach of Pricing and (S-1, S) Inventory Policy in a Two-Echelon Supply Chain with Lost Sales Allowed

  • 성창섭 (한국과학기술원 산업공학과) ;
  • 박선후 (한국과학기술원 산업공학과)
  • 발행 : 2004.06.30
PDF 다운로드
⟨ 이전 논문 다음 논문 ⟩

초록

This paper considers a continuous-review two-echelon inventory control problem with one-to-one replenishment policy incorporated and with lost sales allowed where demand arrives in a stationary Poisson process. The problem is formulated using METRIC-approximation in a combined approach of pricing and (S-l, S) inventory policy, for which a heuristic solution algorithm is derived with respect to the corresponding one-warehouse multi-retailer supply chain. Specifically, decisions on retail pricing and warehouse inventory policies are made in integration to maximize total profit in the supply chain. The objective function of the model consists of sub-functions of revenue and cost (holding cost and penalty cost). To test the effectiveness and efficiency of the proposed algorithm, numerical experiments are performed with two cases. The first case deals with identical retailers and the second case deals with different retailers with different market sizes. The computational results show that the proposed algorithm is efficient and derives quite good decisions.

키워드

참고문헌

  1. Abad P. L. (2001), Optimal price and order size for a reseller under partial backordering, Computers and Operations Research, 28, 53-65
  2. Andersson J., Melchiors P. (2001), A two-echelon inventory model with lost sales, International Journal of Production Economics, 69, 307-315
  3. Axsater S. (1990), Simple solution procedures for a class of two-echelon inventory problems, Operations Research, 38(1), 64-69 https://doi.org/10.1287/opre.38.1.64
  4. Axsater S. (1993), Continuous review polices for multi-level inventory systems with stochastic demand, Handbooks in OR and MS, North-Holland, Amsterdam, 4(4),175-197
  5. Boyci T., Gallego G. (2002), Coordinating pricing and inventory replenishment policies for one wholesaler and one or more geographically dispersed retailers, International Journal of Production Economics, 77, 95-111
  6. Chen F., Federgruen A., Zheng Y.S (2001), Coordination mechanisms for a distribution system with one suppIIEr and multi-retailer, Management Science, 47(5), 693-708 https://doi.org/10.1287/mnsc.47.5.693.10484
  7. Chen F., Federgruen A., Zheng Y.S. (2001), Near-optimal pricing and replenishment strategies for a retail/distribution system, Operations Research, 49(6), 839-853 https://doi.org/10.1287/opre.49.6.839.10020
  8. Elmaghraby W., Gulcu A., Keskinocak P. (2001), Analysis of pricemarkdown mechanism, IEEE, 170-177
  9. Federgruen A., Heching A. (1999), Combined pncing and inventory control under uncertainty, Operations Research, 47, 454-475
  10. Federgruen, A., Queyranne M., Zheng Y.S. (1992), Simple power-of-two policies are close to optimal in a general class of production/distribution networks withgeneral joint setupcosts, Mathematics of Operations Research, 17, 951-963
  11. Federgruen, A., Zheng Y.S. (1995), Efficient algorithms for finding optimal power-of-two policies for production/distribution systems with general joint setup costs, Operations Research, 43, 458-470
  12. Feeney G. J., Sherbrooke C.C. (1966), The (S-1, S) inventory policy under compound poisson demand, Management Science, 12(5), 391-411 https://doi.org/10.1287/mnsc.12.5.391
  13. Forsberg R. (1995), Optimization of order-up-to-S policies for two-level inventory system with compound poisson demand, European Journalof Operational Research, 81, 143-153
  14. Hadley G., Whitin T.M. (1963), Analysis of inventory systems, Prentice-Hall, Englewood Cliffs, NJ
  15. Hill R.M. (1999), On the suboptimality of (S-1, S) lost sales inventory policies, International Journal of' Production Economics, 59, 377-385 https://doi.org/10.1016/S0925-5273(98)00024-3
  16. Ingene, C., Parry M. (1995), Coordination and manufacturer profit maximization: the multiple retailer channel, Journal of' Retailing, 71, 129-151
  17. Jeuland, A., Shugan S. (1983), Managing channel profits, Marketing Science, 2, 239-272
  18. Johansen S. G. (2001), Pure and modified base-stock policies for the lost sales inventory system with negligible set-up costsand constant lead times, International Journal of Production Economics, 71, 391-399
  19. Karlin, S., Carr C. (1962), Prices and optimal inventory policy, In Studies in Applied Probability and Management Science, Stanford University, Stanford, CA, 159-172
  20. Kunreuther H., Richard J.D. (1971), Optimal pricing andnventory decisions for non-seasonal items, Econometrica, 47(1), 173-175
  21. Lal, R., Staelin R. (1984), An approach for developing an optimal discount pricing policy, Management Science, 30, 1524-1539
  22. Lee J.E., Hong L.S. (2002), Non-coordinative and coordinative mechanisms for pricing and (r, Q) policies in a Single wholesaler-retailer supply chain, IEMS2002 Conference, Daejon, Korea
  23. Lee, H., Rosenblatt M. (1986), A generalized quantity discount pricing model to increase supplier's profits, Management Science, 32, 1177-1185
  24. Mills, E. Price, output and inventory policy, John Wiley and Sons, New York
  25. Mills, E. (1959), Uncertainty and price theory, Quarterly Journal of Economics, 116-130
  26. Monahan, J. (1984), A quantity discount pricingmodel to increase vendor profits, Management Science, 30, 720-726
  27. Nahmias S., Smith SA (1994), Optimizing inventory levels in a two-echelon retailer system with partial lost sales, Management Science, 40, 582-596
  28. Palm C. (1938), Analysis of the Erlang traffic for busy signal assignment, Ericson Technics, 5, 39-58
  29. Pekelman D. (1974), Simultaneous price-production decisions, Operations Research, 22(4), 788-794 https://doi.org/10.1287/opre.22.4.788
  30. Reyniers DJ. (2001), The effect of vertical integration on consumer price in the presence of inventory costs, European Journal of Operational Research, 103, 83-89
  31. Roundy, R. (1986), A 98% effective lot-sizing rule for a multi-product, multi-stage production inventory system, Mathematics of Operations Research, 11, 699-727
  32. Sherbrooke C.C. (1986), METRIC: A multi-echelon technique for recoverable item control, Operations Research, 16, 122-141
  33. Simchi-Levi. D., Kaminsky P., Simchi-Levi. Edith (1999), Designing and managing the supplychain, Irwin McGraw-Hill Higher Education
  34. Smith S.A. (1997), Optimal inventories for a (S-1, S) system with no backorders, Management Science, 23, 522-528
  35. Sung C.S., Yang S.M. (1988), Continuous review (s, S) inventory model with limited backlogging levels and stochastic lead time, Journal of the operations Research Society of Japan , 31, 252-264
  36. Whitin, T. (1955), Inventory control andpricetheory, Management Science, 61-68