search query: @author Anupindi, R. / total: 5
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| Author: | Anupindi, R. Bassok, Y. |
| Title: | Centralization of stocks: retailers vs. manufacturer |
| Journal: | Management Science
1999 : FEB, VOL. 45:2, p. 178-191 |
| Index terms: | MANUFACTURING CENTRALISATION STOCKS |
| Language: | eng |
| Abstract: | A well-known result in inventory theory is that physical centralization of stocks in a system with multiple retailers decreases total costs and increases total profits for the retailers. However, does this centralization also benefit the manufacturer, whose goods the retailers stock, when customers unsatisfied at retailers due to stock-outs are considered lost sales? In this paper the authors consider a model with two retailers and one manufacturer. |
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