Inventory control with product returns: The impact of imperfect information

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Inventory control with product returns: The impact of imperfect information

Product returns are characterized by considerable uncertainty on time and quantity. In the literature on inventory management for product return environments best forecasts of future returns are associated with methods that use the most information regarding product return history. In practice, however, data is often scarce and unreliable, while forecasts based on historical data, reliable or n...

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Product returns are often characterized by a dual uncertainty on time and quantity. In the literature on inventory management with product returns, best forecasts have been associated with methods that use the most information regarding product return history. In practice however, data is often scarce and unreliable. In this paper we investigate the impact of (mis)information on inventory perfo...

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ژورنال

عنوان ژورنال: European Journal of Operational Research

سال: 2009

ISSN: 0377-2217

DOI: 10.1016/j.ejor.2007.11.063