Shorter product life cycles present new dressed in supply chain literature. This research challenges to managing production and logistics not adequately adaddresses issues pertaining to the management of supply chains...Shorter product life cycles present new dressed in supply chain literature. This research challenges to managing production and logistics not adequately adaddresses issues pertaining to the management of supply chains in a short life cycle environment. In this paper, we study the short life cycle environment; then we develop the ventory policy of the indirect manufacturer by explicitly using his demand us an output of the retailer＇s optimal inoptimal ordering policy. Finally, we also provide causes of the bullwhip effect in the context of short life cycle products.展开更多
Traditional inventory models are mostly ignorant of the life cycle dynamics of a technology product;hence,they often fail to identify different dimensions of inventory research.This paper attempts to investigate the r...Traditional inventory models are mostly ignorant of the life cycle dynamics of a technology product;hence,they often fail to identify different dimensions of inventory research.This paper attempts to investigate the relationship between adoption behavior of customers using life cycle dynamics and associated trade credit policies in order to optimize the total inventory cost.The demand model used in this paper treats sales as a function of awareness diffusion and adoption.Awareness is considered as a function of feedback effects from users/customers.Retailer’s optimal strategies for short life cycle product under credit financing were determined analytically.Finally,numerical examples have been used to support the theoretical results.Theoretical results have further been used to gain some managerial insights.展开更多
文摘Shorter product life cycles present new dressed in supply chain literature. This research challenges to managing production and logistics not adequately adaddresses issues pertaining to the management of supply chains in a short life cycle environment. In this paper, we study the short life cycle environment; then we develop the ventory policy of the indirect manufacturer by explicitly using his demand us an output of the retailer＇s optimal inoptimal ordering policy. Finally, we also provide causes of the bullwhip effect in the context of short life cycle products.
文摘Traditional inventory models are mostly ignorant of the life cycle dynamics of a technology product;hence,they often fail to identify different dimensions of inventory research.This paper attempts to investigate the relationship between adoption behavior of customers using life cycle dynamics and associated trade credit policies in order to optimize the total inventory cost.The demand model used in this paper treats sales as a function of awareness diffusion and adoption.Awareness is considered as a function of feedback effects from users/customers.Retailer’s optimal strategies for short life cycle product under credit financing were determined analytically.Finally,numerical examples have been used to support the theoretical results.Theoretical results have further been used to gain some managerial insights.
