search query: @author Raman, K. / total: 8
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| Author: | Mantrala, M. Raman, K. |
| Title: | Demand uncertainty and supplier's returns policies for a multi-store style-good retailer |
| Journal: | European Journal of Operational Research
1999 : JUN 1, VOL. 115:2, p. 270-284 |
| Index terms: | OPERATIONAL RESEARCH DEMAND UNCERTAINTY |
| Language: | eng |
| Abstract: | As demand uncertainty grows in the marketplace, a critical issue today in most purchase contract negotiations between an independent retailer of a style-good and its supplier is the provision of a returns policy, i.e., a commitment by the supplier to buy back unsold inventory of the good at the end of its selling season. Management science research on the strategic role and optimal design of return policies has grown in recent years but so far offers little treatment of how exactly the retailer's optimal order quantity decisions are affected by demand uncertainty and how a supplier's returns policy can influence these decisions. |
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