Can the desired service level be achieved when the demand and lost sales are unobserved?

IIE Transactions (Institute of Industrial Engineers)

Volumn 36, Issue 4, 2004, Pages 345-358

  Tan, Bariş ^a   Karabati, Selçuk ^a  

^a KOÇ UNIVERSITY   (Turkey)

Author keywords

[No Author keywords available]

Indexed keywords

CUSTOMER SATISFACTION; DATA WAREHOUSES; DECISION MAKING; DECISION SUPPORT SYSTEMS; POINT OF SALE TERMINALS; RETAIL STORES; SALES;

DEMAND DISTRIBUTION; INVENTORY MANAGEMENT;

INVENTORY CONTROL;

EID: 1642284453     PISSN: 0740817X     EISSN: None     Source Type: Journal    
DOI: 10.1080/07408170490279589     Document Type: Review

References (14)

1. Agrawal, N.S. and Smith, S.A. (1996) Estimation methods for retail inventory management with unobservable lost sales. Naval Research Logistics, 43, 839-861.
2. Anupindi, R., Dada, M. and Gupta, S. (1998) Estimation of consumer demand with stockout based substitution: an application to vending machine products. Marketing Science, 17(4), 406-423.
3. Bell, P.C. (2000) Forecasting demand variation when there are stockouts. Journal of the Operational Research Society, 51, 358-363.
4. Buzacott, J.A. (1999) Dynamic inventory targets revisited. Journal of the Operational Research Society, 50, 697-703.
5. Chen, F., Drezner, Z., Ryan, J.K. and Simchi-Levi, D. (2000) Quantifying the bullwhip effect in a simple supply chain: the impact of forecasting, lead times and information. Management Science, 46(3), 436-443.
6. East, R., Lomax, W., Willson, G. and Harris, P. (1994) Decision making and habit in shopping times. European Journal of Marketing, 28(4), 56-71.
7. Hopp, W.J., Spearman, M.L. and Zhang, R.Q. (1997) Easily implementable inventory control policies. Operations Research, 45(3), 327-340.
8. Kahn, B.E. and Schmittlein, D.C. (1989) Shopping trip behavior: an empirical investigation. Marketing Letters, 1(1), 55-69.
9. Lam, S.Y., Vandenbosch, M. and Pearce, M. (1998) Retailer sales force scheduling based on store traffic forecasting. Journal of Retailing, 74(1), 61-88.
10. Lariviere, M.A. and Porteus, E.L. (1999) Stalking information: Bayesian inventory management with unobserved lost sales. Management Science, 45(3), 346-363.
11. Lau, H.-S. and Lau, A.H.-L. (1996) Estimating the demand distributions of single-period items having frequent stockouts. European Journal of Operational Research, 92, 254-265.
12. Nahmias, S. (1994) Demand estimation in lost sales inventory systems. Naval Research Logistics, 41, 739-757.
13. Silver, E.A., Pyke, D.F. and Peterson, R. (1998) Inventory Management and Production Planning and Scheduling, Wiley, New York, NY.
14. Walters, R.G. and Rinne, H.J. (1986) An empirical investigation into the impact of price promotions on retail store performance. Journal of Retailing, 62(3), 237-265.