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The paper shows that taking inventory control out of the hands of retailers and assigning it to an intermediary … incentive problems associated with retailers' inventory control and thereby improve the intertemporal allocation of inventory …. Adding an intermediary as a new link in a supply chain is also shown to reduce total inventory, to make shipments from the …
Persistent link: https://www.econbiz.de/10011552567
The paper shows that taking inventory control out of the hands of competitive or exclusive retailers and assigning it … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and … thus allows for better intertemporal price discrimination. Assigning inventory control to a manufacturer is also shown to …
Persistent link: https://www.econbiz.de/10011742575
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/10011820911
The paper shows that taking inventory control out of the hands of competitive of exclusive retailers and assigning it … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and … thus allows for better intertemporal price discrimination. Assigning inventory control to a manufacturer is also shown to …
Persistent link: https://www.econbiz.de/10011820914
This article presents a dynamic pricing model of a retailer selling an inventory, accounting for consumer behavior. The … inventory on future profits. The dynamics of price do not have to imitate the dynamics of the reference price. Instead, the …
Persistent link: https://www.econbiz.de/10011866050
In most multi-item inventory systems, the ordering costs consist of a major cost and a minor cost for each item … included. Applying for every individual item a cyclic inventory policy, where the cycle length is a multiple of some basic … discussed in this paper. It is shown that this algorithm can be used for deterministic multi-item inventory problems, with …
Persistent link: https://www.econbiz.de/10010336361
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/10011736756
generalizes a whole class of various other models that draw attention to different aspects of production, inventory, and recovery …
Persistent link: https://www.econbiz.de/10011411645
Persistent link: https://www.econbiz.de/10001753803
Conventional wisdom has it that inventory investment destabilizes the economy be-cause it is procyclical to sales. Khan … the existing (S,s) inventory literature that relies on the Krusell-Smith (1998) numerical solution methods, we … characterize (S,s) inventory policies in closed form despite the large state space in our general equilibrium model. Standard log …
Persistent link: https://www.econbiz.de/10009008699