, cultural and demographic differences and variations in store format. Accounting for these variations appropriately in inventory … store demands leads to a higher expected profit, for a given inventory and total mean demand. If more than one inventory …-optimizing store inventory policies in midseason. In this paper, we formulate a dynamic stochastic optimization model that determines …

In this paper, we present a simulation optimization algorithm for solving the two-echelon constrained inventory problem …. The goal is to determine the optimal setting of stocking levels to minimize the total inventory investment costs while … optimization algorithms, and can be applied to any multi-item multi-echelon inventory system, where the cost structure and service …

and covers many interesting examples, for instance in inventory management. Due to the curse of dimensionality, the …

returned from the field. Comparison of our method to simulation shows high approximation accuracy. Numerical experiments reveal …

In this paper, we consider issues of sustainability in the context of joint trade credit and inventory management in … impacts of the credit period and environmental regulations on the inventory model. Starting with some mild assumptions, we …

This paper studies the inventory system of a retailer who orders his products from two supply sources, a local one that … global source only partially satisfy the quality requirements. We model this situation with a dual-sourcing inventory model … inventory model with an unreliable supplier by a sequence of dual-sourcing models with reliable suppliers and suitably modified …

costs, repair costs of the new components, inventory holding costs and downtime costs. We perform exact analysis and provide …

inventory hedging under three hierarchies. We derive an easy-to-implement coordination contract and a simple policy structure … balanced adaptiveness, resilience and intertemporal imperatives. It outperforms the conventional inventory hedging and lean … management by reducing premature inventory holding in good times, and timely ramping up safety stock ahead of looming disruptions …