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Designing a company's distribution network is a challenging task that requires the consideration of different aspects. In this respect, especially trade-offs between, for example, operational costs and customer service are the focus of the companies' attention. However, growing concerns of...
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We introduce a decision rule where the risk dimension is measured by the conditional value of risk. We characterize the risk attitudes implied by the decision rule in a way similar to the well known mean variance framework. We show that the rule is consistent with Yaaris dual theory for all risk...
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Using the newsvendor framework, we present an approach to determine an order quantity, which is relevant for the observed ordering behavior of an inventory manager. Whereas in literature just one constraint has been used, we suggest two conflicting constraints. The service constraint specified...
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We extend the dual sourcing model based on the newsvendor framework by considering the environmental impact of transport. In our context, dual sourcing means that a company, e.g. a retailer, uses an offshore and an onshore supplier. We include environmental regulations for transport in the...
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Current performance measurement systems consider not only financial measures, like costs and profits, but also non-financial indicators with respect to customer service, quality and flexibility. Using the newsvendor model, we analyse the respective influence of these possibly conflicting...
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Important drivers for environmental sustainability efforts in purchasing and supply management are top management initiatives and compliance with laws and regulations. On the other hand market forces are largely ignored although it is shown that the product carbon footprint contained on the...
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