Fashion products with asymmetric sales horizons
Journal
Naval Research Logistics
Journal Volume
58
Journal Issue
5
Pages
490-506
Date Issued
2011
Author(s)
Wu A.W.-D.
Abstract
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.
SDGs
Type
journal article