Fashion products with asymmetric sales horizons

Andy Wei‐Di Wu and David Ming‐Huang Chiang

Naval Research Logistics (NRL), 2011, vol. 58, issue 5, 490-506

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. Naval Research Logistics, 2011

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:58:y:2011:i:5:p:490-506

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