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A well-known result in inventory theory is that physical centralization of stocks in a system with multiple retailers decreases total costs and increases total profits for the retailers. However, does this centralization also benefit the manufacturer, whose goods the retailers stock, when...
Persistent link: https://www.econbiz.de/10009209255
. A class of partial pooling policies is proposed for the control of transshipments. The cost performance of this class of … policies is shown to be inferior to that of complete pooling. An approximate model and a heuristic algorithm are introduced to …
Persistent link: https://www.econbiz.de/10009209316
general, this work considers a single-echelon, N-location, continuous-review inventory system in which complete pooling of … applicability of the model. Savings achieved as a result of pooling are reported. …
Persistent link: https://www.econbiz.de/10009214322
presented to account for these changes by analysing the interactions between pooling, access, and countervailing power. This …
Persistent link: https://www.econbiz.de/10009293063
drawbacks come from the fact that there is less of a pooling effect in the new organization than in the original one. The …
Persistent link: https://www.econbiz.de/10009191530
Morris (Morris, P. A. 1983. An axiomatic approach to expert resolution. Management Sci. 29 24--32.) develops an axiom system for combining expert judgments by means of a processing rule. It is shown that the axioms are self-contradictory.
Persistent link: https://www.econbiz.de/10009197590