Behavioral demand effects when buyers anticipate inventory shortages.
Joshua FosterCary A. DeckAmy FarmerPublished in: Eur. J. Oper. Res. (2019)
Keyphrases
- lead time
- planning horizon
- replenishment policy
- inventory management
- inventory control
- inventory level
- dynamic pricing
- production inventory
- inventory systems
- revenue management
- profit maximization
- lot sizing
- supply chain
- demand forecasting
- stochastic demand
- lot size
- service level
- total cost
- inventory models
- lost sales
- electronic commerce
- single item
- operating costs
- group buying
- expected cost
- production rate
- inventory policy
- single product
- production cost
- base stock policies
- state dependent
- software agents
- joint replenishment
- ordering cost
- inventory costs
- demand distributions
- order quantity
- infinite horizon
- production planning
- holding cost