selling season with stochastic demand and there are no additional opportunities to replenish inventory. There are many … salvage value: all inventory left over at the end of the season is sold off at a fixed per-unit price. The fixed salvage value … season: a deep discount should be taken if there is plenty of inventory remaining at the end of the season, whereas a shallow …

, cultural and demographic differences and variations in store format. Accounting for these variations appropriately in inventory … store demands leads to a higher expected profit, for a given inventory and total mean demand. If more than one inventory …-optimizing store inventory policies in midseason. In this paper, we formulate a dynamic stochastic optimization model that determines …

How different are retailers' inventory levels around the world? Specifically, are retailers' inventories constant … contingency - in which country effects can explain inventory differences around the world. I also show that this conclusion is …

The inventory literature is replete with claims on business strategy to maximize operational efficiency and customers …' goodwill regarding the quality of products. A service system is composed of a number of entities, such as inventory of … research in inventory theory, in light of trade credit financing for uncertain demand of the customers, this study empirically …

model to represent the retailer's inventory cost. We show that the optimal assortment has a simple structure and provide …

features of simulator of inventory turnover in internet shop were shown. Next proposal of implementation were presented. Also … new indicator of customer resigning measure is introduced. Then the results of simulation experiments are presented. …

a hybrid agent/discrete-event simulation model of a supply chain and execute it under various conditions of demand …

. Design of Experiment (DOE) and Analysis of Variance (ANOVA) are respectively used for experiments planning and simulation … results analysis. The demand pattern, inventory, manufacturing time and transportation cost are identified as the factors. All …

desirable to balance the holding cost which depends on the magnitude of inventory against the cost of not fully satisfying … inventory levels and backorder levels, rate and quantity of lost sales and inventory cost. …

problem, and prove that the firm achieves more profit with the free upgrade policy. We propose a simulation algorithm to find …