Showing 1 - 3 of 3
, commonality, distribution, flexibility, substitution and transshipment. Newsvendor networks are stochastic models with recourse …
Persistent link: https://www.econbiz.de/10009218644
different substitution rules. For each replenishment policy, we identify sufficient conditions on cost parameters for a … substitution rule to be economically superior to others under our base-stock replenishment policies. Our analysis shows that the … with issuance rules that pool inventory (via substitution) to satisfy multiple, age-differentiated demand streams …
Persistent link: https://www.econbiz.de/10009218684
In this paper, we study a profit-maximizing firm selling two substitutable products in a price and time sensitive market. The products differ only in their prices and delivery times. We assume that there are dedicated capacities for each product and that there is a standard industry delivery...
Persistent link: https://www.econbiz.de/10009218845