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The structure of a company's distribution network is of vital importance for competitiveness but also involves considerable costs. In recent years, competitive pressure as well as regulatory measures, especially in the European Union, have also raised awareness towards the environmental impact...
Persistent link: https://www.econbiz.de/10009480915
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...
Persistent link: https://www.econbiz.de/10009480948
We consider a single product, single period inventory problem with stochastic price-dependent demand. The ordering and pricing decisions have to be made at the beginning of the period before demand is realized. Unsatisfied demand is lost and excess inventory has to be salvaged. The standard...
Persistent link: https://www.econbiz.de/10014199885