The newsvendor problem is a staple of operations management research, pedagogy and
practice. From its humble roots as a single-period problem for a price-taking newspaper …

Before inventory can be put into shelves at a retailer, it needs to be produced, which takes
time. During this time traditionally the supplier had to cover the money bound in inventory …

In the luxury industry, fashion brands like Burberry and Cartier are reported to destroy
leftover products at the end of the selling season (Scenario BC). This helps to maintain …

In countries that fight malnutrition and hunger, governments and international agencies
sponsor subsidy programmes to improve consumption of staple food among the poor …

We establish a supply chain finance scheme containing a cash-strapped supplier, a
creditworthy retailer as well as a financial institution to explore whether the positive or …

This paper investigates the data-driven pricing newsvendor problem, which focuses on
maximizing expected profit by deciding on inventory and pricing levels based on historical …

To stimulate purchases from consumers, retailers nowadays use the multiple retail prices
strategy (MRPS), ie, selling the products at multiple prices simultaneously. The paper …

Retailers often offer price and quantity promotions to customers during clearance sales. In a
price promotion, they offer discounted unit prices. In a quantity promotion, they usually offer …

The management of unsold inventory represents a significant issue for many manufacturing
firms and retailers. Some clearance strategies have been proposed in previous researches …

As the globalization of markets accelerates competition among companies, sales promotion,
which refers to short-term incentives promoting sales of products or services, plays a …