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- W3213104913 endingPage "12777" @default.
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- W3213104913 abstract "Traditionally, the newsvendor problem is a single-period model for a retailer and can be applied in the replenishment decision for a product with a short life cycle. However, many fashionable commodities are seasonal; not all of these products must be sold within a single period of a selling season, and they can be replenished once in each cycle. This study develops a novel multi-period model to determine multiple ordering replenishment decisions for a product over a short selling season. This study not only demonstrates the profit function for a retailer, but also provides those for both the manufacturer and the entire channel in a supply chain problem. The proposed multi-period ordering model provides explicit insights into how the ordering decisions of the retailer are affected in a specific period by considering unsold inventory or unsatisfied demand from a previous period. A numerical analysis and the simulation results illustrate the feasibility of the proposed model." @default.
- W3213104913 created "2021-11-22" @default.
- W3213104913 creator A5043763498 @default.
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- W3213104913 date "2021-11-18" @default.
- W3213104913 modified "2023-10-13" @default.
- W3213104913 title "Supply Chain Replenishment Decision for Newsvendor Products with Multiple Periods and a Short Life Cycle" @default.
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- W3213104913 doi "https://doi.org/10.3390/su132212777" @default.
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