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Using data collected by the World Bank, we empirically investigate the relationship between Chinese manufacturers' supply chain attributes, raw material and finished goods inventory turnover, and return on sales. Our findings indicate that location proximity, relationship continuity, and the...
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Today the market is moving toward multiformity, and it requires a variety in products, which in turn generates variation in demand that gives rise to many managerial problems such as planning, forecasting, production, inventory management, and timely distribution. To minimize the level of risk...
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Manufacturers' finished goods inventories move less than shipments over the business cycle. We argue that this requires marginal cost to be more procyclical than is conventionally measured. We construct, for six manufacturing industries, alternative measures of marginal cost that attribute...
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Various inventory studies have been published in the last decades. Some studies emphasize the importance of low inventories, other examine the evolution of inventories over time and especially focus on the impact of the just-in-time (JIT) revolution. The aim of this paper is to investigate the...
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Problem Definition: Quick response is a classic operations strategy, under which a retailer can place a second order for rapid replenishment during the selling season after learning more about market demand. This paper examines the value of quick response when a strategic manufacturer can either...
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