We solve the problem of optimal inventory management for a CARA market-maker who faces proportional transaction costs … and marking to market. Our model accommodates inventory shocks following an arbitrary compound Poisson process, and allows … that optimal accounting for inventory shocks leads to significant utility gains …

This paper studies the factors underlying the heterogeneity in inventory behavior and performance across retail stores …' perceived quality of the shopping experience, and we analyze their relationship with inventory behavior and product variety … productivity. Store productivity is the main primitive that increases inventory turnover and product variety, and this increase is …

This paper extends a fundamental result about single-item inventory systems. This approachallows more general …

term for end-of-horizon inventory in the objective function of the short-horizon model. Computational tests show that the … knowledge about future demand as the ending inventory valuation method. Our results indicate that the superior performance … demand patterns, ending inventory valuation is not the most effective way to use this knowledge. Furthermore, we point out a …

transshipment time on various aspects of spare parts inventory control.Furthermore, we introduce customer-oriented service levels by …