Fashion products with asymmetric sales horizons | Zendy

Wu Andy WeiDi | Zendy; Chiang David MingHuang | Zendy

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Fashion products with asymmetric sales horizons

Author(s) -

Wu Andy WeiDi,

Chiang David MingHuang

Publication year - 2011

Publication title -

naval research logistics (nrl)

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.665

H-Index - 68

eISSN - 1520-6750

pISSN - 0894-069X

DOI - 10.1002/nav.20464

Subject(s) - profitability index , procurement , computer science , operations research , product (mathematics) , business , inventory control , stochastic programming , reverse logistics , supply chain , marketing , mathematics , mathematical optimization , finance , geometry

In this study, we explore an inventory model for a wholesaler who sells a fashion product through two channels with asymmetric sales horizons. The wholesaler can improve profitability by employing joint procurement and inventory reallocation as a recourse action in response to the dynamics of sales. In this research, a simple stochastic programming model is analyzed to specify the properties of the optimal inventory decisions. © 2011 Wiley Periodicals, Inc. Naval Research Logistics, 2011

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