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We consider a finite-horizon, single-stage, single-product periodic review store inventory in which inventory records are inaccurate. We assume that inventory inaccuracies are introduced by theft type errors that arise within the store. We propose a comparison between three approaches based on...
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This paper examines a Newsvendor framework in which a wholesaler who sells products to retailers is subject to inaccuracies in inventory data. The wholesaler's decision regarding the management of his warehouse inventory is based on inventory data recorded in the information system. We assume...
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