We study optimal inventory control of two products with demand substitution, that is, where
customers switch to the other product if their first choice is not on hand. Going back to the …

Utilising socio-technical system theory, this study explores the Total Quality Management 4.0
(TQM 4.0) framework on the integration of quality management principles and industry 4.0 …

Résumé There has been an enormous growth in the availability of refurbished goods in the
online marketplace. These days, consumers can buy either the new products or refurbished …

This research article presents an enhanced Economic Order Quantity (EOQ) type inventory
model of two products with demand substitution. The model is designed for scenarios …

Due to environmental and economic incentives, reverse supply chains have developed. In a
reverse supply chain, due to the uncertainty of recycling, the probability of out‐of‐stock is …

In this age of digitalization, when every industry is undergoing technological disruption,
there is a big role of digital gadgets and technology products. A key feature of these digital …

The inventory policies for any product under the trade credit mechanism are influenced by
the procurement price per unit and the credit period offered by the seller to the buyer. This …

Fresh products are essential in attracting and maintaining customers for grocery stores.
According to a study by Oliver Wyman (2019), approximately 70% of customers shop at a …

Gas turbine rotor blades are vital components in gas turbine engines, tasked with extracting
energy from the working fluid efficiently and reliably. These blades operate under extreme …