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The aim of this article is presenting a new constrained multi-product pricing and inventory model in which perishable products are put into three categories: substitute, complementary and independent. The general demand is found by considering the relations of different products and the impact of their prices. The goal of the model is deciding on the prices as well as the inventory and production decisions in order to maximize the total profit. The derived model is a non-linear programming model and a genetic algorithm is developed for its solution. To enhance the performance of our genetic algorithm, we apply the Taguchi experimental design method to tune the parameters of the algorithm.... 

In this paper we consider a two-level supply chain system consisting of one warehouse and one retailer. The retailer faces Poisson demand. We introduce a new approach to inventory control in the supply chain management which is different from the classical policies used in the literature of inventory and production control systems. In this system, the retailer constantly orders a fixed amount of product to the warehouse in a predetermined time interval; i.e., the ordering size and the time interval between any two consecutive orders from the retailer to the warehouse are fixed numbers. The advantage of this policy is that the warehouse is facing a uniform and deterministic demand which... 

Cooperation among supply chain members, both horizontally and vertically, has become the norm in practice. Unlike traditional supply chains with members competing to reduce their individual costs, the overall cost of the entire supply chain is minimized in a cooperative supply chain. The savings from cooperation may be shared among the members, while a lower average cost and a lower cost variation is materialized for individual members. The problem is formulated as an integrated flow network and expanded to multi-period and multi-product, with the possibility of holding inventories in a multi-stage, multi-member cooperative supply chain. Simulation results indicate an approximately 26%... 

In this paper we introduce a new ordering policy for inventory control in a two-echelon inventory system consisting of one central warehouse and a number of non-identical retailers. The warehouse uses a modified one-for-one policy, but the retailers apply a new policy which is different from the traditional inventory policies described in the literature of inventory and production control systems. In this system, each retailer constantly places an order for one unit of product to the central warehouse in a pre-determined time interval; i.e., the time interval between any two consecutive orders from each retailer is a fixed number and the quantity of each order is one. We then show how the... 

Biomass is becoming an increasingly widespread source of energy. Yet land, as one of the most important resources in biomass production, is surprisingly understudied in the literature of biomass supply chain planning. This study proposes a novel framework that combines the literature of bioethanol supply chain design with agricultural land planning to simultaneously address optimal supply chain planning and sustainable land use in a bioethanol supply chain. A bi-objective mixed-integer linear programming (MILP) model is proposed to formulate the optimal design and planning of a bioethanol supply chain network considering competition of food and biomass feedstock over the available croplands....