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The aim of this paper is to quantify the benefit of demand and inventory smoothing in contrasting the extreme …
Persistent link: https://www.econbiz.de/10014187332
The book is concerned with the problems of inventory and supply chain decision making with information updating over … time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design … – that is, inventory decisions prior and subsequent to information updates and the impact of the quality of information on …
Persistent link: https://www.econbiz.de/10014045807
Maximization of wealth of its owners is the basic financial aim in management of enterprise. Inventory management must … contribute to realization of this aim. The paper presents value-based inventory management model (EOQ) modification …
Persistent link: https://www.econbiz.de/10014048511
inventory, our research aims to understand the drivers of the choice between consignment and retail ownership of inventory and … characteristics affect the choice of the mode of operation. Our results have several implications regarding inventory ownership in …
Persistent link: https://www.econbiz.de/10014205844
, under which each store chooses a quantity to transship in or out that will keep its second-subperiod starting inventory … in which the order-up-to level depends on the initial inventory and capacity level at the other store. Finally, we prove …
Persistent link: https://www.econbiz.de/10014219267
' operating characteristics of their inventory systems and examine their optimal decisions. We then extend the model to a setting … auto-delivery discount, the supplier benefits from the demand-expansion effect and the inventory-reduction effect, and the … channel coordination requires the supplier to pass the inventory-related savings to the buyer through the auto …
Persistent link: https://www.econbiz.de/10014077347
We present an inventory management solution for a non-stationary capacitated multi-echelon distribution network … involving thousands of products. Assuming backlogged sales, we revisit and leverage the seminal multi-echelon inventory … dynamic programming framework to circumvent the usual curse of dimensionality inherent to high-dimensional inventory …
Persistent link: https://www.econbiz.de/10014081225
Prior research has investigated the appropriate ordering policy for an inventory system. Two key factors to are daily … for a continuous review inventory system and analyze the characteristics of the optimal ordering policy. We present the … correlation between demand and lead time impacts the relationship between total inventory cost, and demand and lead time …
Persistent link: https://www.econbiz.de/10014085129