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Managing Inventories: The Newsvendor Model
Raz, GalTechnical Note DARDEN-OM-1456-EService and Operations ManagementThis note uses the traditional newsvendor model to present strategies for inventory management when demand is uncertain. Methods for determining the critical ratio of overage and underage costs and the optimal stock level are discussed.Starting at €8.20
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Supply Chain Coordination and Contracts
Raz, GalTechnical Note DARDEN-OM-1442-EService and Operations ManagementThis note addresses the dynamics of supply chains as they affect profits--how profits may be both maximized overall and equitably distributed across the supply chain. Influences of pricing and stocking are discussed, as are the benefits and shortcomings of coordination by the most common types of contract.Starting at €8.20