Inventory Model with Seasonal Demand: A Specific Application to Haute Couture

• Main Authors: Park, Byung Joon, Chang, Yih-Long, Ho, Johnny C.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2004
• Subjects: Business Administration, Management, and Operations
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1921; https://ink.library.smu.edu.sg/context/lkcsb_research/article/2920/viewcontent/0504paper.pdf
• Institution: Singapore Management University

In the stochastic multiperiod inventory problem, a vast majority of the literature deals with demand volume uncertainty. Other dimensions of uncertainty have generally been overlooked. In this paper, we develop a newsboy formulation for the aggregate multiperiod inventory problem intended for produc...