Purpose – The purpose of this paper is to investigate the impact of demand uncertainty on inventory turnover performance through empirical modeling. In particular the authors use the inaccuracy of quarterly sales forecasts as a proxy for demand uncertainty and study its impact on firm-level...

We consider the problem of selling a fixed capacity or inventory of items over a finite selling period. Earlier research has shown that using a properly set fixed price during the selling period is asymptotically optimal as the demand potential and capacity grows large and that dynamic pricing...

We study markdown timing decisions for perishable products in the presence of competition. We model as a duopoly two firms selling their fixed stocks of two substitutable items in a given selling horizon. Each firm starts with a common initial price, and has the option to decrease the price once...

We study the assortment optimization problem in an online setting where a retailer uses multiple distribution centers to fulfill customer orders. Due to space, handling or other constraints, each distribution center can carry up to a pre-specified number of products. It is assumed that each...