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In this study, a two-echelon single-vendor supply chain is selected to do a cost-based comparison between short-term performances of a Vendor Managed Inventory (VMI) and a Retailer Managed Inventory (RMI). While the inventory costs include ordering and storing expenses, the rate of consumption and the price of goods are constant, the rate of production and pace of transportation are infinite and shortage is not allowed. This paper, after a comprehensive literature review, is followed by three cases of single retailer, n-retailer and two-retailer chains. Unlike the second case, in the first case, VMI shows an absolute superiority to RMI, and this is the reason for devising the third case in... 

This paper proposes a decentralized market-based model for long-term capacity investment decisions in a liberalized electricity market. Investment decisions are fundamentally based on total revenues gained by investors. In most electricity markets, the complementary mechanisms are designed to ensure a desired level of reliability while covering investment costs of the suppliers. In such an environment, investment decisions are highly sensitive to expectation of price signals in both of energy market and capacity mechanisms. In this work, the system dynamics concepts are used to model the structural characteristics of electricity market such as, long-term firms' behavior and relationships...