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In most multi-item inventory systems, the ordering costs consist of a major cost and a minor cost for each item … included. Applying for every individual item a cyclic inventory policy, where the cycle length is a multiple of some basic … discussed in this paper. It is shown that this algorithm can be used for deterministic multi-item inventory problems, with …
Persistent link: https://www.econbiz.de/10010336361
analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …
Persistent link: https://www.econbiz.de/10011333276
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This paper extends a fundamental result about single-item inventory systems. This approachallows more general …
Persistent link: https://www.econbiz.de/10011318582
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 …
Persistent link: https://www.econbiz.de/10011326945
transshipment time on various aspects of spare parts inventory control.Furthermore, we introduce customer-oriented service levels by …
Persistent link: https://www.econbiz.de/10011380043
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Firms signal high quality through high prices even if the market structure is highly competitive and price competition is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is increasing in quality and the quality of each firm’s product...
Persistent link: https://www.econbiz.de/10011372971
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636