The Retail Planning Problem Under Demand Uncertainty
نویسندگان
چکیده
منابع مشابه
The Retail Planning Problem Under Demand Uncertainty
We consider the Retail Planning Problem in which the retailer chooses suppliers, and determines the production, distribution and inventory planning for products with uncertain demand in order to minimize total expected costs. This problem is often faced by large retail chains that carry private label products. We formulate this problem as a convex mixed integer program and show that it is stron...
متن کاملA Primal Decomposition Approach for the Supply Chain Investment Planning Problem under Demand Uncertainty
This paper presents the application of a primal decomposition algorithm for the problem of supply chain investment planning under uncertainty applied to the petroleum products supply chain. The uncertainty considered is related with the unknown demand levels for oil products. For this purpose, a model was developed based on two-stage stochastic programming. It is proposed two different solution...
متن کاملInvestment Under Demand Uncertainty: The Newsboy Problem Revisited
In this article we study the effect of uncertainty on an entrepreneur who must choose the capacity of his business before knowing the demand for his product. The unit profit of operation is known with certainty, but there is no flexibility in our one-period framework. We show how the introduction of global uncertainty reduces the investment of the risk-neutral entrepreneur and, even more, that ...
متن کاملThe Robust Capacitated Vehicle Routing Problem Under Demand Uncertainty
We study the robust capacitated vehicle routing problem (CVRP) under demand uncertainty, which determines a minimum cost delivery of a product to geographically dispersed customers using capacity-constrained vehicles. Contrary to the deterministic CVRP, which postulates that the customer demands for the product are deterministic and known, the robust CVRP models the customer demands as random v...
متن کاملSolving the Capacity Optimization Problem under Demand Uncertainty
Jan Vlachý This paper provides theoretical and practical insight into the solution of the investment project optimization problem under uncertainty. A case study recommends the use of statistical simulation, which is shown to be a powerful, practical, flexible and comprehensive tool for managerial decision-making purposes, even as it takes into account exogeneous uncertainty, as well as endogen...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Production and Operations Management
سال: 2013
ISSN: 1059-1478
DOI: 10.1111/j.1937-5956.2012.01424.x