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On the interaction between retailers inventory policies and manufacturer trade deals in response to supply-uncertainty occurrences.
- Source :
- Annals of Operations Research; Mar2006, Vol. 143 Issue 1, p45-58, 14p, 3 Charts, 1 Graph
- Publication Year :
- 2006
-
Abstract
- This paper models a retailer’s response to temporary manufacturer’s trade deals characterized by a time interval of random length and of uncertain duration. Uncertainty is handled primarily through the establishment of a reordering point, which serves as a trigger mechanism for new special orders. The timing at which this point is activated becomes another decision variable to be determined optimally. The model generates relatively easy-to-implement ordering policies, applicable to any probability distribution. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02545330
- Volume :
- 143
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Annals of Operations Research
- Publication Type :
- Academic Journal
- Accession number :
- 20743062
- Full Text :
- https://doi.org/10.1007/s10479-006-7371-4