Optimal inventory replenishment strategy for deteriorating items in a demand-declining market with the retailer’s price manipulation

Kung-Jeng Wang () and Yu-Siang Lin ()

Annals of Operations Research, 2012, vol. 201, issue 1, 475-494

Abstract: Due to rapid technological innovation and global competitiveness, the demand of many fashion-typed products usually decline significantly over time. A retailer facing such a market can employ replenishment strategies to increase its profit. This study, from the perspective of the retailer in a two-echelon supply chain, develops the optimal replenishment strategy for products experiencing deterioration, continuous decrease in market demand and price changes. This model help determine the optimal product life for products. Numerical examples are systematically conducted to verify the performances of the proposed model. Copyright Springer Science+Business Media, LLC 2012

Keywords: Inventory replenishment strategy; Supply chain; Two-echelon (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10479-012-1213-3 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:201:y:2012:i:1:p:475-494:10.1007/s10479-012-1213-3

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479

DOI: 10.1007/s10479-012-1213-3

Access Statistics for this article

Annals of Operations Research is currently edited by Endre Boros

More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().