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Many of the challenges in spare parts logistics emerge due to the combination of large service networks, and sporadic … service operations motivate companies to invest and optimize the service logistics function. An important aspect of the spare … parts logistics function is its ability to support customer-specific requirements with respect to service deadlines. To …
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In this study, joint inventory replenishment planning of an Alibaba distribution system is investigated, which contributes to the circular economy concept. The distribution system includes suppliers, central distribution centers, and front distribution centers. The total replenishment cost of...
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This paper investigates the impacts of transshipment between overconfident newsvendors who perceive the expected outcome of an uncertain event as more certain than it actually is. The conventional wisdom is that transshipment is a risk-pooling strategy for improving newsvendors’ performance....
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