Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains

A Master of Science thesis in Engineering Systems Management by Hafsa Saeed entitled, “Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains”, submitted in December 2020. Thesis advisor is Dr. Mohamed Ben-Daya. Soft copy is available (Thesis, Completion...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Saeed, Hafsa (author)
التنسيق: doctoralThesis
منشور في: 2020
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/11073/21372
الوسوم: إضافة وسم
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author Saeed, Hafsa
author_facet Saeed, Hafsa
author_role author
dc.contributor.none.fl_str_mv Ben-Daya, Mohamed
dc.creator.none.fl_str_mv Saeed, Hafsa
dc.date.none.fl_str_mv 2020-12
2021-03-16T08:34:32Z
2021-03-16T08:34:32Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 35.232-2020.48
http://hdl.handle.net/11073/21372
dc.language.none.fl_str_mv en_US
dc.subject.none.fl_str_mv Perishable food
Quality deterioration
IoT
Single pricing
Two-stage pricing
Revenue-sharing
dc.title.none.fl_str_mv Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
dc.type.none.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/doctoralThesis
description A Master of Science thesis in Engineering Systems Management by Hafsa Saeed entitled, “Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains”, submitted in December 2020. Thesis advisor is Dr. Mohamed Ben-Daya. Soft copy is available (Thesis, Completion Certificate, Approval Signatures, and AUS Archives Consent Form).
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network_name_str aus
oai_identifier_str oai:repository.aus.edu:11073/21372
publishDate 2020
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spelling Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply ChainsSaeed, HafsaPerishable foodQuality deteriorationIoTSingle pricingTwo-stage pricingRevenue-sharingA Master of Science thesis in Engineering Systems Management by Hafsa Saeed entitled, “Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains”, submitted in December 2020. Thesis advisor is Dr. Mohamed Ben-Daya. Soft copy is available (Thesis, Completion Certificate, Approval Signatures, and AUS Archives Consent Form).With approximately one-third of the global production of food going to waste, immense research efforts are being directed towards identifying the underlying causes and potential solutions of this issue. Since a substantial amount of food waste can be attributed to the quality deterioration of perishable products within the food supply chains (FSC), therefore, one of the primary causes of this issue can be concluded to be inefficient FSCs. To combat this issue, this research examines the potential benefits of using Internet of Things (IoT) technology in the food supply chain within the framework of a two-echelon food supply chain comprising of a supplier and a retailer, and develops mathematical models to study the impact of real-time quality monitoring through IoT on single and two-stage pricing strategies. To this end, a literature review that lays the groundwork for the single and two-stage pricing models, developed in this research, is conducted. The model for each pricing strategy is developed within the decentralized, centralized, and revenue-sharing supply chain structure. The optimal points, used to analyze the individual and collective decisions of the supplier and the retailer, are derived for each model. The results of the numerical analysis indicate that the decision to employ IoT technology depends on the investment cost incurred and its correlation with the critical thresholds for the retailer, supplier, and the overall supply chain. These thresholds are determined through a combination of parameters that include the unit product cost, potential market size, quality deterioration rate, price and quality sensitivity factors, and the initial, organoleptic and critical quality of the perishable food products. Finally, the lower and upper bounds for the retailer’s revenue-sharing factor are ascertained, through a combination of the aforementioned parameters and the wholesale price, for an effective coordination that benefits both the supplier and the retailer.College of EngineeringMultidisciplinary ProgramsMaster of Science in Engineering Systems Management (MSESM)Ben-Daya, Mohamed2021-03-16T08:34:32Z2021-03-16T08:34:32Z2020-12info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/doctoralThesisapplication/pdf35.232-2020.48http://hdl.handle.net/11073/21372en_USoai:repository.aus.edu:11073/213722025-06-26T12:21:03Z
spellingShingle Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
Saeed, Hafsa
Perishable food
Quality deterioration
IoT
Single pricing
Two-stage pricing
Revenue-sharing
status_str publishedVersion
title Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
title_full Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
title_fullStr Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
title_full_unstemmed Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
title_short Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
title_sort Impact of IoT and Revenue-Sharing on Single and Two-Stage Pricing Strategies for Food Supply Chains
topic Perishable food
Quality deterioration
IoT
Single pricing
Two-stage pricing
Revenue-sharing
url http://hdl.handle.net/11073/21372