Modified critical fractile approach for a class of partial postponement problems

Qi Fu, Chung-Yee Lee and Chung-Piaw Teo

International Journal of Production Economics, 2012, vol. 136, issue 1, 185-193

Abstract: This paper studies a single period partial postponement problem, which is motivated by an inventory planning problem encountered in Reebok NFL replica jersey supply chain. We consider a group of regular products each facing a random demand. There are two stocking options. One is to procure the regular products. The other is to stock a common component which can be customized later to any one of the regular products, after demand realization.

Keywords: Partial postponement; Delayed customization; Critical fractile; Newsvendor problem (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:136:y:2012:i:1:p:185-193

DOI: 10.1016/j.ijpe.2011.11.003

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