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Purpose: Consideration of consumer opinion is a key success factor when it comes to developing a new product. However, businesses may lack suitable methods for this, and designers may lack practical training, with both situations meaning that firms are unable to precisely adopt consumer...
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Attention is here paid to the relationship between organizational configurations, forecasting practices and performances. Attention is at first paid on the relationship between the forecaster organizational position and how companies evaluate future demand, and, on a second hand, focus is paid...
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Efficient management of supply chains consists in particular in ensuring possibly highest quality of customer service and striving for minimization of the costs generated by flow between the links. Typical cause of constantly increasing costs is excessive inventory levels throughout the chain....
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We address the problem of hedging inventory risk for a short life cycle or seasonal item when its demand is correlated with the price of a financial asset. We show how to construct optimal hedging transactions that minimize the variance of profit and increase the expected utility for a...
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This article concerns the subject of demand forecasting and stocks status planning in online shops. One described the ways of materials management and setting the groups of most important products. The second part of the article contains the analysis of surveys results. They were conducted in...
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