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Persistent link: https://www.econbiz.de/10005418048
We consider an inventory and production planning problem with uncertain demand and returns, in which the product return process is integrated into the manufacturing process over a finite planning horizon. We first propose an inventory control model for the return and remanufacturing processes...
Persistent link: https://www.econbiz.de/10009318712
We present a general solution framework for the price-setting newsvendor problem with a multiplicative stochastic demand. Under mild assumptions, such as increasing price elasticity on the mean demand function and increasing generalized failure rate on the distribution of the random factor, we...
Persistent link: https://www.econbiz.de/10009249717
We study optimal pricing and order policies in supply chain management of fashion products (e.g., a fashion apparel category) with consideration of product returns between supply chain partners (B2B). In order to study channel performance and optimal policies, two stochastic models for...
Persistent link: https://www.econbiz.de/10010869215
Persistent link: https://www.econbiz.de/10005197003