With lifecycles becoming shorter and demand more uncertain in growing numbers of product categories, more and more companies, in industries as diverse as personal computers, toys, and even agricultural chemicals, are being forced to deal with stockouts and markdowns, problems usually associated with businesses like apparel and footwear. These changes have been attended by increased attention by managers in these industries to fill rates, inventory turns, and product obsolescence, topics studied extensively in management science models that traditionally have focused on fashion products.1
- Setup Cost
- Demand Uncertainty
- Sales Data
- Inventory Planning
- Demand Distribution
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Raman, A. (1999). Managing Inventory for Fashion Products. In: Tayur, S., Ganeshan, R., Magazine, M. (eds) Quantitative Models for Supply Chain Management. International Series in Operations Research & Management Science, vol 17. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4949-9_25
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