The impact of customer returns on decisions in a newsvendor problem with and without buyback policies

DOI10.1111/j.1475-3995.2010.00797.xzbMath1260.90111OpenAlexW2131345856MaRDI QIDQ4910666

Jing Chen, Peter C. Bell

Publication date: 19 March 2013

Published in: International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1475-3995.2010.00797.x

zbMATH Keywords

asymmetric informationnewsvendor problemcustomer returnsbuyback policy

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Inventory, storage, reservoirs (90B05)

Related Items (11)

Consumer returns in consignment contracts with inventory control and additive uncertainty ⋮ Impact of power structure on supply chain performance and consumer surplus ⋮ Ordering and returns handling decisions and coordination in a supply chain with demand uncertainty ⋮ How to implement return policies in a two-echelon supply chain? ⋮ Optimal online channel strategies for a hotel considering direct booking and cooperation with an online travel agent ⋮ Sourcing strategies of manufacturers with customer returns and product design efforts ⋮ Fresh-keeping effort and channel performance in a fresh product supply chain with loss-averse consumers' returns ⋮ Economic selection of process mean and lot‐sizing decisions for multi‐newsvendor supply chain ⋮ An improved forecasting approach to reduce inventory levels in decentralized supply chains ⋮ Consumer returns policies with endogenous deadline and supply chain coordination ⋮ Optimal business hours of the newsvendor problem for retailers

Cites Work

• Unnamed Item
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• The value of information in a capacitated closed loop supply chain
• Return handling options and order quantities for single period products.
• A returns policy for distribution channel coordination of perishable items.
• Manufacturer's pricing strategy and return policy for a single-period commodity
• The impact of customer returns on pricing and order decisions
• Note. The Role of Returns Policies in Pricing and Inventory Decisions for Catalogue Goods
• Market Information and Firm Performance
• Pricing and the Newsvendor Problem: A Review with Extensions
• Demand Uncertainty and Returns Policies
• A Note on Closure Properties of Failure Rate Distributions

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