A single-retailer multi-supplier multi-product inventory model with destructive testing acceptance sampling and inflation

Vishkaei, Behzad Maleki; Niaki, Seyed Taghi Akhavan; Farhangi, Milad; Mahdavi, Iraj

doi:10.1080/21681015.2018.1479893

Cited by 8 publications

(2 citation statements)

References 31 publications

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“…Smart contracts utilize protocols and user interfaces to facilitate all steps of the contracting process, which almost obviates the ambiguity of contractual clauses in text or their implementation. Smart contracts aim to reduce transaction costs imposed by principals, third parties, or the tools of transactions (Hu et al 2020). The contract layer makes the blockchain programmable and enables the inclusion of different scripts, smart contracts, and algorithms with the help of which complex transactions can be carried out on the blockchain (Alladi et al 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

“…A regular way to manage defective items is selling them at a lower price which most the retailers are using considering the salvage value per defective item (Vishkaei et al 2014;Maleki Vishkaei et al 2014;Farhangi et al 2015). Moreover, there are various types of traditional inventory control models that consider assumptions such as discounts and destructive testing acceptance sampling that are beneficiary for managing inventory levels (Pasandideh et al 2014;Maleki Vishkaei et al 2019). One of the food waste reduction practices is a collaboration with external partners, including restaurants and food banks.…”

Section: Introductionmentioning

confidence: 99%

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Blockchain-based Smart Contracts for Sustainable Food Waste Management and Collaborations

Vishkaei¹,

Giovanni²

2022

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Food waste is a significant problem in modern society. It is well documented that about one-third of the food produced globally is lost or wasted, harming the firms' economic, environmental, and social sustainability. This problem is evident in supermarkets and restaurants, which are the most important wasters after households and agriculture. In most cases, supermarkets use new technologies to manage expiry dates, tackle food waste via implementing dynamic pricing and encourage customers to buy near-to-expired over fresher products. However, these practices are not sufficient to guarantee the achievement of sustainability. Supermarkets need to cooperate with more parties such as their counterparts (other supermarkets), restaurants, online selling platforms, fertilizer producers, and charities besides their general customers. This study introduces a framework that uses blockchain-based smart contracts to manage the cooperation between supermarkets and other parties with the goal of reducing food waste and seeking to achieve sustainable targets. A smart contract is an appealing feature of blockchain technology to facilitate and automatically execute the terms of an agreement once the specified conditions are met. We analyze the benefits that a smart contract grants to supermarkets to manage food waste in a sustainable way.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Blockchain-based Smart Contracts for Sustainable Food Waste Management and Collaborations

Vishkaei¹,

Giovanni²

2022

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Optimization of the vendor's inventory model with multisupplier and multiretailer using fuzzy parameters

Garg

Chandrasekar

Rajeswaria

et al. 2022

Int J of Intelligent Sys

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This paper explores the multi-item vendor's inventory (VI) model in which the vendor replenishes the products from various suppliers and satisfies the retailers' demand. Different types of products scrutinize this model under two cases. The first case considers the products are replenished in bulk and packed in small quantities by the vendor and sent to the retailers. The second case presumes that the vendor replenishes the packed items from the supplier and sent to retailers without the packaging process. The wastage of products during the packaging process occurs in the first case and the deterioration of items occurs in both cases. The unpredictable parameters such as the proportion of wastage products and the proportion of deteriorated products lead the model under fuzzy logic. The VI model and the Vendor's fuzzy inventory (VFI) are framed. VFI model is formulated by assuming the wastage rate and the deterioration rate as triangular fuzzy numbers (TFN) as well as trapezoidal fuzzy numbers. The defuzzification method of TFN and trapezoidal fuzzy numbers by the combination of Beta distribution and a uniform distribution is utilized in this paper. For both cases, the

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Determination of sample size and design of final product control plan based on product types

Arinç,

Çetinyokuş,

İfraz

2024

Neural Comput & Applic

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A single-retailer multi-supplier multi-product inventory model with destructive testing acceptance sampling and inflation

Cited by 8 publications

References 31 publications

Blockchain-based Smart Contracts for Sustainable Food Waste Management and Collaborations

Blockchain-based Smart Contracts for Sustainable Food Waste Management and Collaborations

Optimization of the vendor's inventory model with multisupplier and multiretailer using fuzzy parameters

Determination of sample size and design of final product control plan based on product types

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