Describes a common retailing problem, particularly in fashion markets, of stock transfers between a given set of branches. Stock is required in those outlets where demand is likely to be high, but the number of physical transfers in a given time period must be within the capabilities of the...

A great deal of the work in the area of stock management is devoted to identifying optimum values for parameters such as order size, order frequency, safety stock, etc. This is particularly appropriate in manufacturing where a company's stock of raw materials is usually held in one place. As we...