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likely to occur and is greater in size in supply chains in which inventory control is centralized rather than decentralized …
Persistent link: https://www.econbiz.de/10011887637
more likely to occur and is greater in size in supply chains in which inventory control is centralized rather than …
Persistent link: https://www.econbiz.de/10011736770
which do not reflect most real life inventory systems. This paper proposes an inventory system where the items ordered are … capable of growing during the course of the inventory replenishment cycle, for example livestock. Furthermore, it is assumed … determine the optimal inventory policy, a model, which aims to maximize the expected total profit, is developed and numerical …
Persistent link: https://www.econbiz.de/10012662766
Purpose: Healthcare is a universally used service that hugely affects economies and the quality of life. The research of service supply chains has found a significant role in the past decade. The main research goal of this paper is to model and simulate the internal service supply chains of a...
Persistent link: https://www.econbiz.de/10011938986
The study sought to determine the role of vendor-managed inventory and form postponement in mitigating against the … are overstocking, obsolescence, and inventory holding costs. A survey of conveniently chosen 100 bakeries was conducted in … bullwhip effect can be mitigated if bakery businesses pursued either or both of the vendor-management inventory and the form …
Persistent link: https://www.econbiz.de/10014527828
The coordination of order policies constitutes a great challenge in supply chain inventory management as various … inventory costs are only suitable to a limited extent. In contrast, we adopt a heuristic approach, from the domain of artificial … chain inventory management before nor is it yet widely disseminated in other branches of operations research. We develop an …
Persistent link: https://www.econbiz.de/10014501419
The bullwhip effect is a recurring problem in expanded supply chains and one of the most discussed problems in the last years. The word "bullwhip" describes the increasing variability (amplitude) of demand in a supply chain. This logistic phenomenon is observed at the interfaces between the...
Persistent link: https://www.econbiz.de/10012143049
-loop system. Interestingly, we observe a U-shaped relationship between the inventory performance and the return yield. However …
Persistent link: https://www.econbiz.de/10012499864
)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …
Persistent link: https://www.econbiz.de/10010292145
Behavioral studies and recent empirical research suggest higher levels of inventory on hand can lead consumers to … increase consumption. Inventory on hand is therefore posited to exert two countervailing forces on the probability of purchase … incidence. First, higher levels of inventory reduce the likelihood of purchase as the consumer feels less pressure to buy. At …
Persistent link: https://www.econbiz.de/10010296437