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Note on: Managing multi-echelon multi-item channels with trade allowances under credit period

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  • Huang, Di
  • Ouyang, Lian Qun
  • Zhou, Hong

Abstract

In the recently published paper [Tsao, 2010, Managing multi-echelon multi-item channels with trade allowances under credit period. International Journal of Production Economics 127, 226–237], a supplier–retailer inventory system with multiple items is studied where the supplier provides an interest-free credit period for the retailer to compensate him for making promotional efforts to stimulate the demand for each item. However, as shown in this note, there exist some nontrivial flaws in Tsao’s paper. We identify and correct these flaws and develop efficient algorithms to derive the optimal solutions.

Suggested Citation

  • Huang, Di & Ouyang, Lian Qun & Zhou, Hong, 2012. "Note on: Managing multi-echelon multi-item channels with trade allowances under credit period," International Journal of Production Economics, Elsevier, vol. 138(1), pages 117-124.
    • Handle: RePEc:eee:proeco:v:138:y:2012:i:1:p:117-124
    DOI: 10.1016/j.ijpe.2012.03.008
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    References listed on IDEAS

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    1. Wei, Ying & Chen, Youhua (Frank), 2011. "Joint determination of inventory replenishment and sales effort with uncertain market responses," International Journal of Production Economics, Elsevier, vol. 134(2), pages 368-374, December.
    2. Khouja, Moutaz & Goyal, Suresh, 2008. "A review of the joint replenishment problem literature: 1989-2005," European Journal of Operational Research, Elsevier, vol. 186(1), pages 1-16, April.
    3. Yeung, Wing-Kwan & Choi, Tsan-Ming & Cheng, T.C.E., 2011. "Supply chain scheduling and coordination with dual delivery modes and inventory storage cost," International Journal of Production Economics, Elsevier, vol. 132(2), pages 223-229, August.
    4. Tsao, Yu-Chung & Sheen, Gwo-Ji, 2012. "A multi-item supply chain with credit periods and weight freight cost discounts," International Journal of Production Economics, Elsevier, vol. 135(1), pages 106-115.
    5. Chan, Chi Kin & Lee, Y.C.E., 2012. "A co-ordination model combining incentive scheme and co-ordination policy for a single-vendor–multi-buyer supply chain," International Journal of Production Economics, Elsevier, vol. 135(1), pages 136-143.
    6. Glock, C. H., 2012. "Lead time reduction strategies in a single-vendor-single-buyer integrated inventory model with lot size-dependent lead times and stochastic demand," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 57816, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    7. Hoque, M.A., 2011. "Generalized single-vendor multi-buyer integrated inventory supply chain models with a better synchronization," International Journal of Production Economics, Elsevier, vol. 131(2), pages 463-472, June.
    8. Glock, Christoph H., 2012. "Lead time reduction strategies in a single-vendor–single-buyer integrated inventory model with lot size-dependent lead times and stochastic demand," International Journal of Production Economics, Elsevier, vol. 136(1), pages 37-44.
    9. Tsao, Yu-Chung, 2010. "Managing multi-echelon multi-item channels with trade allowances under credit period," International Journal of Production Economics, Elsevier, vol. 127(2), pages 226-237, October.
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    Cited by:

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