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Inventory Management with Alternative Delivery Times

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Inventory Management with Alternative Delivery Times
  • Forlagets pris kr. 589,95
  • Leveringstid 2-4 uger
  • Forventet levering 20-07-2018
  • Bog, paperback (kr. 429,95) (kr. 429,95)
    1. Beskrivelse

      This book develops a modeling framework to analyze the problem of inventory management with alternative delivery times. The general context considered here is that a seller replenishes its inventory in fixed intervals and, between replenishments, allocates the limited inventory to satisfy customers who are both price and delivery-time sensitive. 1 Paperback 6 Illustrations, color; 6 Illustrations, black and white; XI, 106 p. 12 illus., 6 illus. in color.

      Andre udgaver:

      E-bog, ePub

    2. Yderligere info
      Udgivelsesdato:
      05-12-2016
      Sprog:
      Engelsk
      ISBN13:
      9783319486338
      Sidetal:
      114
      Vægt:
      197 g
      Højde:
      6 mm
      Bredde:
      155 mm
      Længde:
      235 mm
      Mærkat:
      Bog, paperback
      Format:
      Paperback
      Udgave:
      1st ed. 2017
      • Bibliotekernes beskrivelse

        This book develops a modeling framework to analyze the problem of inventory management with alternative delivery times. The general context considered here is that a seller replenishes its inventory in fixed intervals and, between replenishments, allocates the limited inventory to satisfy customers who are both price and delivery-time sensitive. On the demand side, customers have heterogeneous delivery-time requirements and choose either spot or late delivery. This theoretical modeling captures the essence of real-world business practices such as the delivery time market segmentation strategy adopted by automobile dealerships in China and many other similar examples. The book focuses on the seller's optimal inventory replenishment and demand fulfillment policies, and our results provide managerial insights into the merits of flexible delivery-time options. Similar applications such as the group-buying mechanism are also examined. The main mathematical tool used in theoretical analysis is dynamic programming. This book is written for students, researchers, and practitioners in the areas of operations management and industrial engineering who are interested in understanding the rationale of flexible delivery times and designing successful applications.

    3. Anmeldelser

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