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Shelf and Inventory Management with Space-Elastic Demand

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Kuhn, Heinrich ; Hübner, Alexander:
Shelf and Inventory Management with Space-Elastic Demand.
In: Hu, Bo ; Morasch, Karl ; Siegle, Markus ; Pickl, Stefan (Hrsg.): Operations Research Proceedings 2010 : selected Papers of the Annual International Conference of the German Operations Research Society. - Heidelberg : Springer, 2011
ISBN 978-3-642-20008-3

Kurzfassung/Abstract

Abstract Managing limited shelf space is a core decision in retail as increasing product variety is in conflict with limited shelf space and operational replenishment costs. In addition to their classical supply function, shelf inventories have ademand generating function, as more facings lead to growing consumer demand.
An efficient decision support model therefore needs to reflect space-elastic demand and logistical components of shelf replenishment. However shelf space management models have up to now assumed that replenishment systems are efficient and that replenishment costs are not decision relevant. But shelf space and inventory management are interdependent, e.g., low space allocation requires frequent restocking. We analyzed a multi-product shelf space and inventory management problem that integrates facing-dependent inventory holding and replenishment costs. Our numerical examples illustrate the benefits of an integrated decision model.

Weitere Angaben

Publikationsform:Aufsatz in einem Buch
Institutionen der Universität:Wirtschaftswissenschaftliche Fakultät > Betriebswirtschaftslehre > Lehrstuhl für Allgemeine Betriebswirtschaftslehre, Supply Chain Management & Operations
Titel an der KU entstanden:Ja
Eingestellt am:25. Mai 2011 12:46
Letzte Änderung:12. Sep 2012 19:52
URL zu dieser Anzeige:http://edoc.ku-eichstaett.de/6988/