Retail Analytics Integrated Forecasting and Inventory Management for Perishable Products in Retailing /

• Main Author: Sachs, Anna-Lena (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: Lecture Notes in Economics and Mathematical Systems, 680
• Subjects: Business.; Production management.; Operations research.; Decision making.; Sales management.; Management science.; Business and Management.; Operations Management.; Operation Research/Decision Theory.; Operations Research, Management Science.; Sales/Distribution.

This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory manage...

Table of Contents:

• Introduction
• Literature Review
• Safety Stock Planning under Causal Demand Forecasting
• The Data-Driven Newsvendor with Censored Demand Observations
• Data-Driven Order Policies with Censored Demand and Substitution
• Empirical Newsvendor Decisions under a Service Contract
• Conclusions.