An optimal stock level and pricing strategy for perishable products under the VMI system (Record no. 4334)

MARC details
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005 - DATE AND TIME OF LATEST TRANSACTION
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035 ## - SYSTEM CONTROL NUMBER
System control number .b12469907
099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number AIT Thesis no.ISE-24-04
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Janthratip Khamwarut
245 10 - TITLE STATEMENT
Title An optimal stock level and pricing strategy for perishable products under the VMI system
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Pathum Thani :
Name of publisher, distributor, etc. Asian Institute of Technology,
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 54 leaves :
Other physical details ill.+
Accompanying material 1 online resource
490 1# - SERIES STATEMENT
Series statement Thesis ;
Volume/sequential designation no. ISE-24-04
500 ## - GENERAL NOTE
General note A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering
502 ## - DISSERTATION NOTE
Dissertation note Thesis (M. Eng.) - Asian Institute of Technology, 2024
520 ## - SUMMARY, ETC.
Summary, etc. Vendor-managed inventory (VMI) is an approach used to ensure that perishable items are always available while also improving operational efficiency and compliance with quality standards. In this study, we study a new decision scenario concerning a deteriorating item, focusing on the case of a single vendor and single retailer under VMI system. We develop the mathematical model considering the base stock policy, which will be implemented with a maximum stock level (S), with adjustments made to discount prices based on shelf life to encourage a retailer to buy products. Demand rates are influenced by pricing, assuming that the rate of deterioration for a deteriorating item follows a Weibull distribution and a fully backlogged shortage. To assess the efficacy of the proposed models, we conduct numerical experiments and sensitivity analyses. These analyses aim to evaluate how changes in input variables impact experimental outcomes and shed light on the effects of alterations in input parameters on optimal solutions. Finally, we present the conclusions drawn from our study, along with recommendations for future research.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Inventory control
General subdivision Mathematical models
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Weibull distribution
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Perishable goods
General subdivision Inventory control
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Huynh, Trung Luong,
Relator term Chairperson
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Manukid Parnichkun,
Relator term Examination Committee
700 0# - ADDED ENTRY--PERSONAL NAME
Personal name Mongkol Ekpanyapong,
Relator term Examination Committee
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Royal Thai Government Fellowship,
Relator term Scholarship Donor
810 2# - SERIES ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Asian Institute of Technology.
Title of a work Thesis ;
Volume/sequential designation no. ISE-24-04
856 40 - ELECTRONIC LOCATION AND ACCESS
Materials specified Full-Text
Uniform Resource Identifier <a href="http://203.159.5.9/ait-thesis/detail.php?q=B23336">http://203.159.5.9/ait-thesis/detail.php?q=B23336</a>
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Cataloger's initials, CIN (RLIN) 260119
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945 ## - LOCAL PROCESSING INFORMATION (OCLC)
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Koha item type 40-Archives
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type 61-CD-ROM
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Barcode Barcode : 30050120422596
CREATED CREATED : 2026-01-13
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Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 17/08/2026   AIT Thesis no.ISE-24-04 30050120422596 17/08/2026 1 17/08/2026 40-Archives
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 17/08/2026   AIT Thesis no.ISE-24-04   17/08/2026 1 17/08/2026 61-CD-ROM
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