In this paper, we examine the nature of optimal inventory policies in a system where a retailer manages substitutable products. We first consider a system with two products 1 and 2 whose total demand ...

For large corporations, inventory requirements can be determined using complex algorithms and computer programs. For small businesses, most inventory models can fit within three theories. Each of ...

If you're a business owner considering going into a vendor-managed inventory model, ask the vendor questions regarding savings and other efficiencies over your present system. Depending on the nature ...

The definition of the cost of resources devoted to inventories which is inherent in the economic-lot-size procedure implies financial conditions which may not exist. This would lead to infeasibility ...

In June, we dug into data attempting to find models that were more available than others amid a nascent global microchip shortage and other factors that were shrinking supply and raising new-vehicle ...

Tesla continues to have huge demand for its vehicles and a growing list of reservation holders despite continuously raising its prices and facing competition from more affordable EVs. Sometimes the ...