Study on Sales Strategy for Distributor: Considering Product Return and Order Cancellation
Reverse logistics has received growing attention in the last decades, due to the legislative, economic, environmental and marketing considerations. However, many of the efforts are limited to one segment of the supply chain and to single companies. It is particularly important to investigate the inventory policy of reverse logistics for products with single-cycle. This paper first develops the expression for optimal order amount and expected profit, using the inventory control and newsvendor model. Then, the strategic options are dicussed with the analysis on two major parameters of unit cost and unit recovery cost...
Inventory Control Newsvendor Model Reverse Logistics
Xu Limin Liu Peng
School of Management Engineering, Zhengzhou University, Zhengzhou, P.R.China, 450001
国际会议
郑州
英文
2008-09-20(万方平台首次上网日期,不代表论文的发表时间)