We study a stock dealer’s strategy for submitting bid and ask quotes in a limit order book. The agent faces an inventory risk due to the diffusive nature of the stock’s mid-price and a transactions risk due to a Poisson arrival of market buy and sell orders. After setting up the agent’s problem in a maximal expected utility framework, we derive the solution in a two step procedure. First, the d...

Vendor managed inventory replenishment is a business practice in which vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished. The inventory routing problem addresses the coordination of inventory management and transportation. It needs to be solved to design a strategy that realizes the potential savings in inventory and transportation costs ...

It mainly focuses the consumer strategy behavior effect on retailers pricing mechanism. Under the condition of uncertainty demand, consumers’ strategy behavior influence to price and profit. By introducing a discount factor, considering inventory timely complement and fixed inventory in two cases, obtains purchase decision and dynamic pricing strategies of consumers.

Inventory management is a particularly important process for keeping track of levels, orders, and transactions in the inventory retailing industry. A significant quantity data about stocked items generated gathered daily current market. It often job to manage goods effectively due growing volume transaction their related relationships, but it must be conducted, especially when these databases a...

August 17, 2000 Abstract. A research agenda is presented that focuses on the use of market principles and institutions as a micro...nance development strategy. The strategy is based on the central idea that a poverty reduction strategy can be based on the creation of employment opportunities in microand small sized enterprises (MSE) for which it is necessary to facilitate the access to credit t...

In this paper we present a quantity-based model for integrated inventory replenishment and shipment consolidation decisions under vendor managed inventory. Assuming the vendor uses a special reorder point, order-up-to level, or ( , ) s S policy for inventory control and adopts a quantity-based dispatching strategy under stochastic settings, we build its simulation model. By simulating in Arena ...

As demonstrated by case studies, companies utilize a variety of criteria when allocating scarce inventory to customers' orders [18]. Despite clear intentions, not all of these criteria show direct benefit to organizations, and inconsistent application often hinders execution of strategic objectives. With the development of a prescriptive decision model for scarce allocation based upon competiti...