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Retail stores sell products to consumers. Their ability to sell depends upon the availability of the planned assortment, i.e. every item is on shelf so that the consumer can buy it. In particular, for fast moving consumer goods, like food, the consumer expects that each item is on stock. The...
Persistent link: https://www.econbiz.de/10011093744
We consider the economic lot-sizing problem with perishable items (ELS-PI), where each item has a deterministic expiration date. Although all items in stock are equivalent regardless of procurement or expiration date, we allow for an allocation mechanism that defines an order in which the items...
Persistent link: https://www.econbiz.de/10011264312
This paper is an in-depth treatment of an inventory control problem with perishable items. We focus on two prototypes of perishability for items that have a common shelflife and that arrive in batches with zero lead time: (i) sudden deaths due to disasters (e.g., spoilage because of extreme...
Persistent link: https://www.econbiz.de/10010950032
This paper introduces the knapsack problem for perishable items (KPPI), which concerns the optimal dynamic allocation of a limited promotion space to a collection of perishable items. Such a problem is motivated by applications in a variety of industries, where products have an associated...
Persistent link: https://www.econbiz.de/10005042519
In this paper, an innovative decision support system is proposed, by consolidating the newsboy model, logistic regression, and grey relation analysis, to develop an efficient replenishment policy, which maximises the total profit of perishable items in a convenience store. First, the basic order...
Persistent link: https://www.econbiz.de/10010756259
This paper is an in-depth treatment of an inventory control problem with perishable items. We focus on two prototypes of perishability for items that have a common shelflife and that arrive in batches with zero lead time: (i) sudden deaths due to disasters (e.g., spoilage because of extreme...
Persistent link: https://www.econbiz.de/10010759245
An increasing number of organizations are involved in the development of strategic information systems for effective linkages with their suppliers, customers, and other channel partners involved in transportation, distribution, warehousing and maintenance activities. An efficient...
Persistent link: https://www.econbiz.de/10005574642
Bei dem ifo Konjunkturtest Verarbeitendes Gewerbe werden auch Aspekte der Lagerhaltung und des Auftragsbestands abgefragt. Der Artikel wirft einen Blick auf diese Variablen und den Zusammenhang zwischen diesen. Es zeigt sich, dass auf oberster aggregierter Ebene das Fertigwarenlager und der...
Persistent link: https://www.econbiz.de/10011122665
This paper analyzes how firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as well as inventory and per...
Persistent link: https://www.econbiz.de/10010815983
Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as well as inventory and per shipments costs. Using a...
Persistent link: https://www.econbiz.de/10010877733