1. Preface: Business analytics and operations research.
- Author
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Neogy, S. K., Bapat, R. B., Prasad, K. Manjunatha, and Kamath, Asha
- Subjects
OPERATIONS research ,BUSINESS analytics ,DATA envelopment analysis ,ANT algorithms ,NEWSVENDOR model ,PERISHABLE goods ,MULTIPLE criteria decision making - Abstract
Wang, and J.-T. Teng in their paper develop and compare the seller's profit per unit time under each of three payment methods - advance, cash, and credit. In their paper, S. Sarkar, S. Tiwari, and B. C. Giri present a continuous-review vendor-buyer supply chain (SC) model and uncovers the best policy that minimizes the system's total expected cost. The authors investigate the contracts that the manufacturer offers to the retailers and finds the optimal pricing and ordering decisions made by retailers and the best contract that includes maximum profit for the supply chain. The analysis of large-scale data generated by humans, online activity in different web and social platforms is a challenging problem faced by researchers, practitioners, and academicians. [Extracted from the article]
- Published
- 2022
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