Abstract

AbstractThe study proposes the inter-enterprise optimal dynamic decisions: retail price and replenishment scheduling/quantity under the retailer-managed inventory with price-only contract and the vendor-managed inventory (VMI) with consignment contract in electronic markets (EMs) respectively for deteriorating items. The numerical analysis shows that the proposed policy under the VMI with consignment can significantly increase the system efficiency and simultaneously achieve the Pareto improvements using slotting allowances for the decentralized channel in the EMs.KeywordsInter-enterpriseElectronic marketsDeteriorating item

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