Comparisons of Lateral Transshipment with Emergency Order Policies
نویسندگان
چکیده
منابع مشابه
Optimal responses to stockouts: Lateral transshipment versus emergency order policies
In the retail industry, stockouts have a significant effect on a firm's profitability. When a stockout takes place, retailers often apply one of two strategies to resolve the issue – placing an emergency order with their supplier or arranging a lateral transshipment with a nearby partner store. Choosing the optimal response to a stockout is complicated by customers' spontaneous reactions. Custo...
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