Strategic decisions in an imperfect quality and inspection scenario under two-stage credit financing with order overlapping approach

作者:

Highlights:

• This paper develops a tri-tier supply chain model where the consignment received is unreliable.

• The consignment is first screened for defects where screening, realistically, is error-prone.

• Demand during screening period is fulfilled from the perfect items of the previous order cycle.

• Wholesaler receives a full credit by the manufacturer and offers a partial credit to retailer.

• Optimal replenishment policy is derived which serves as a reckoner for the operations manager.

摘要

•This paper develops a tri-tier supply chain model where the consignment received is unreliable.•The consignment is first screened for defects where screening, realistically, is error-prone.•Demand during screening period is fulfilled from the perfect items of the previous order cycle.•Wholesaler receives a full credit by the manufacturer and offers a partial credit to retailer.•Optimal replenishment policy is derived which serves as a reckoner for the operations manager.

论文关键词:Imperfect Items,Inspection errors,Order Overlapping,Upstream Full Trade Credit,Downstream Partial Trade Credit,Credit- dependent demand

论文评审过程:Received 26 April 2020, Revised 26 September 2021, Accepted 16 December 2021, Available online 5 January 2022, Version of Record 10 February 2022.

论文官网地址:https://doi.org/10.1016/j.eswa.2021.116426