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affect private sector inventory levels? I develop as a baseline a substitution hypothesis, which predicts that infrastructure … reduces inventory. I also consider competing hypotheses that can explain negative correlation between infrastructure and … inventory. To empirically distinguish these hypotheses, I use data on public firms from 60 countries. The econometric challenge …
Persistent link: https://www.econbiz.de/10005836348
the market? I consider the example of inventory and fill rates. When the market sees a high-inventory firm, it cannot tell … whether the inventory is due to incompetence or a strategy to enhance fill rate. Firms might decide to signal their competence … to the market by carrying less inventory. I show conditions for separating and pooling perfect Bayesian equilibria. I …
Persistent link: https://www.econbiz.de/10005836353
The present article investigates an economic order quantity/ economic production quantity model in three-layer (manufacturer, vendor and retailer) supply chain management. In each stage, the products may undergo non-conforming quality items which have less value in the market. This model...
Persistent link: https://www.econbiz.de/10010597491
assumption of non-increasing price-dependent demand. We show that the existence of retailer inventory between periods causes the …
Persistent link: https://www.econbiz.de/10010597590
In the field of after sales service logistics for capital goods, generally, METRIC type methods are used to decide where to stock spare parts in a multi-echelon repair network such that a target availability of the capital goods is achieved. These methods generate a trade-off curve of spares...
Persistent link: https://www.econbiz.de/10010597595
. However, work with quantitative models is still scarce. This paper contributes by revisiting classical inventory methods …
Persistent link: https://www.econbiz.de/10010597614
The aim of this paper is to analyse the operational response of a Synchronised Supply Chain (SSC). To do so, first a new mathematical model of a SSC is presented. An exhaustive Latin Square design of experiments is adopted in order to perform a boundary variation analysis of the main three...
Persistent link: https://www.econbiz.de/10010597625
A constant unit purchase cost is one of the main assumptions in the classic economic order quantity model. In practice, suppliers sometimes offer special sale prices to stimulate sales or decrease inventories of certain items. In this paper we develop an EOQ model with a special sale price and...
Persistent link: https://www.econbiz.de/10010597664
exclude advertisers with a low willingness to pay and distort the price and inventory from their system-efficient levels to …
Persistent link: https://www.econbiz.de/10010597671
replenishment policy for this type of inventory system as well as base-stock policies and (R,s,S) policies. Furthermore, we derive …-up-to level. The procedures find values of the inventory control variables that are close to the best (R,s,S) policy and comply to …
Persistent link: https://www.econbiz.de/10010597676