The young professional dream company's stochastic inventory management problem / Wenbo Cai & Layek Abdel-Malek.

Format:

• Book

Author/Creator:

• Cai, Wenbo, author.
• Abdel-Malek, Layek, author.

Series:

• SAGE knowledge. Cases.
• SAGE Knowledge. Cases.
• SAGE knowledge. Cases

Language:

English

Subjects (All):

• Business logistics--Case studies.
• Business logistics.

Genre:

• Case studies.

Physical Description:

1 online resource : illustrations (black and white, and colour).

Place of Publication:

[London] : SAGE, 2016.

System Details:

text file

Summary:

The purpose of this case is an introduction to students who are interested in the area of operations management, particularly in inventory control, pertinent to lot sizing in a stochastic environment and the effect of flexible contracting vis-a-vis minimum Order Quantity Commitment (OQC) and expedited-delivery options. We present an example where a small start-up e-commerce company with limited budget explores a specific segment of market, namely electric appliances. The company provides online sales for only one season, and it procures multiple products at the beginning of the season. The goal of the company is to select among various products and allocate its limited budget to maximize the company's profit.

Notes:

• No ILL or scholarly sharing allowed.
• Description based on online resource; title from home page (viewed on April 21, 2016).

ISBN:

9781473937444

OCLC:

1017726366

Access Restriction:

Restricted for use by site license.