Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
DOI10.1287/OPRE.44.1.87zbMATH Open0847.90065OpenAlexW2089762011MaRDI QIDQ4883205FDOQ4883205
Authors: Marshall L. Fisher, Ananth Raman
Publication date: 13 October 1996
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/6c6cfa4c7662a92d422e5f17763f0091108a33bd
Recommendations
Applications of mathematical programming (90C90) Inventory, storage, reservoirs (90B05) Production models (90B30)
Cited In (only showing first 100 items - show all)
- On the performance of sparse process structures in partial postponement production systems
- Quick response policy with Bayesian information updates
- A coordination mechanism for supply chains with capacity expansions and order-dependent lead times
- Coordinating a supply chain with a loss-averse retailer under yield and demand uncertainties
- Assortment planning in fashion retailing: Methodology, application and analysis
- Multi-period risk minimization purchasing models for fashion products with interest rate, budget, and profit target considerations
- Impacts of retailer's risk averse behaviors on quick response fashion supply chain systems
- The value of early order commitment in a two-level supply chain
- The use of advance demand information in a project-based supply chain
- Price discount based on early order commitment in a single manufacturer-multiple retailer supply chain
- Effects of Reactive Capacity on Product Quality and Firm Profitability in an Uncertain Market
- Competitive analysis of online revenue management with hierarchical resources
- Optimal ordering and disposing policies in the presence of an overconfident retailer: a Stackelberg game
- The expectation-based loss-averse newsvendor
- Coordinating order quantities between the manufacturer and the buyer: a generalized newsvendor model.
- Flexible supply contracts for short life-cycle goods: The buyer's perspective
- Initial shipment decisions for new products at Zara
- Operations-finance interface models: a literature review and framework
- Improving supply-chain performance by sharing advance demand information
- Optimal online markdown and markup pricing policies with demand uncertainty
- Manufacturer's pricing strategy and return policy for a single-period commodity
- Would a risk-averse newsvendor order less at a higher selling price?
- Crowdsourcing new product design on the web: an analysis of online designer platform service
- Inventory control by different service levels
- Queuing with future information
- The effects of an undisclosed regular price and a positive leadtime in a presale mechanism
- Supply chain networks with global outsourcing and quick-response production under demand and cost uncertainty
- Managing stochastic inventory systems with free shipping option
- Selling to the ``newsvendor with a forecast update: analysis of a dual purchase contract
- Channel incentives in sharing new product demand information and robust contracts
- Optimal apparel supplier selection with forecast updates under carbon emission taxation scheme
- Optimal decision making in multi-product dual sourcing procurement with demand forecast updating
- Quick response in fashion supply chains with dual information updating
- Optimal inventory management for a retail chain with diverse store demands
- Conditions that cause risk pooling to increase inventory
- Unreliable newsboy problem with a forecast update
- Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part I: no capacity constraints
- Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part II: capacity constraints
- Inventory Management with Advance Supply Contracts Across Multiple Replenishment Periods
- Responsive pricing under supply uncertainty
- Modelling and analysis of inventory replenishment for perishable agricultural products with buyer-seller collaboration
- On a multi-period supply chain system with supplementary order opportunity
- Newsvendor problems with demand forecast updating and supply constraints
- Strategic commitment versus postponement in a two-tier supply chain
- Accurate response by postponement
- Style goods pricing with demand learning
- The loss-averse newsvendor problem with random supply capacity
- Optimal ordering policy and coordination mechanism of a supply chain with controllable lead-time-dependent demand forecast
- Supply chain structure and demand risk
- Delay analysis of the max-weight policy under heavy-tailed traffic via fluid approximations
- Quick response and omnichannel retail operations with the ship‐to‐store program
- On demand uncertainty in the newsvendor model
- The newsvendor problem with an in-season price adjustment
- Coordination mechanism for the supply chain with leadtime consideration and price-dependent demand
- Cooperation between multiple news-vendors with transshipments
- Efficient algorithms for the joint replenishment problem with minimum order quantities
- Supply chain coordination with multiple shipments: the optimal inventory subsidizing contracts
- Well adjusted: using expediting and cancelation to manage store replenishment inventory for a seasonal good
- Service outsourcing and disaster response methods in a relief supply chain
- Strategic advance sales, demand uncertainty and overcommitment
- Coordinated stocking, clearance sales, and return policies for a supply chain
- Coordination of supply chain with one supplier and two competing risk-averse retailers under an option contract
- Optimal single ordering policy with multiple delivery modes and Bayesian information updates
- Characterization of demand for short life-cycle technology products
- Analytic hierarchy process to assess and optimize distribution network
- A multi-item newsvendor problem with preseason production and capacitated reactive production
- Quick response in fashion supply chains with retailers having boundedly rational managers
- Return handling options and order quantities for single period products.
- Pricing strategy and quick response adoption system with strategic customers
- Supply Chain Management: Models, Applications, and Research Directions
- Good buy? Delaying end-of-life purchases
- Inventory reallocation in a fashion retail network: a matheuristic approach
- Impact of loss aversion on the newsvendor problem: a literature review and insights for future researchers
- Impacts of lead time reduction on fabric sourcing in apparel production with yield and environmental considerations
- Managing inventory systems with dual delivery modes and minimum order quantities
- Postponement: an inter-organizational perspective
- Pricing strategy for new products with presales
- A comparative analysis of how to handle stockout scenarios: the impact of newsvendor's risk attitude
- The effect of forecasting and information sharing in SCM for multi-generation products
- Enriching demand forecasts with managerial information to improve inventory replenishment decisions: exploiting judgment and fostering learning
- Optimal inventory decisions for a risk-averse retailer when offering layaway
- Stochastic production capacity: A bane or a boon for quick response supply chains?
- Stochastic Monotonicity of the Mean-CVaRs and Their Applications to Inventory Systems with Stockout Cost: A Transformation Approach
- Optimal and heuristic policies for production and inventory controls in dual supply chains with fluctuating demands
- Speculative production and anticipative reservation of reactive capacity by a multi-product newsvendor
- Service capacity procurement of logistics service supply chain with demand updating and loss-averse preference
- Extended distribution‐free newsvendor models with demand updates using experts’ judgment
- Capacity procurement in logistics service supply chain with demand updating and rational expectation behavior
- Coordinating Vulnerable Supply Chains with Option Contracts
- Quick response procurement cost control strategy for fabric manufacturing
- The influence of positive and negative salvage values on supply chain financing strategies
- Necessity of future information in admission control
- Coordination of dual-channel supply chain considering differential pricing and loss-aversion based on quality control
- Three-echelon supply chain contractual coordination with loss-averse multiple retailer preference
- Coordination mechanism, risk sharing, and risk aversion in a five-level textile supply chain under demand and supply uncertainty
- Optimal pricing and production decisions of fashion apparel brands in a two‐stage sales setting
- Coordinating a supply chain with demand information updating
- Coordination of supply chain considering consumers' green preference under reduced packaging strategy
- Pricing and inventory strategies under quick response with strategic and myopic consumers
- Mitigating demand uncertainty across a winery's sales channels through postponement
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