A centralized ordering and allocation system with backorders and strategic lost sales

IIE Transactions (Institute of Industrial Engineers), Volume 42, Issue 11, 2010, Pages 812-824.

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Abstract:

This article considers a multi-retailer distribution system that is managed by a central decision maker who, at the start of each period, determines how much to order to replenish the system stock. The decision maker also determines how to allocate incoming pipeline inventory to maintain inventory balance among the retailers. It has been ...More

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