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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
This paper examines a grocery retailer’s management of a premade food product. The retailer’s goal is to maximize a weighted sum of direct profit and customer welfare. Multiple items of the product are produced in batches and displayed for sale. Considering that each item’s quality...
Persistent link: https://www.econbiz.de/10014081546
Persistent link: https://www.econbiz.de/10014229508
Persistent link: https://www.econbiz.de/10012649239
analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …, given a complextransportation cost structure. The policies suggested have been tested in a simulation modelwith real data. …
Persistent link: https://www.econbiz.de/10011333276
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
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 develops a simple theoretical model of inventory control in global supply chains. It identifies a role for … intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable … when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …
Persistent link: https://www.econbiz.de/10010491653
The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for … intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable … when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …
Persistent link: https://www.econbiz.de/10010496944
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