Modeling Overstock

Fernandes, Rui and Gouveia, Borges and Pinho, Carlos (2010): Modeling Overstock. Published in: 17th international annual euroma conference. Book of abstracts No. Managing Operations in Service Economies (6 June 2010): p. 72.

Abstract

Two main problems have been emerging in supply chain management: the increasing pressure to reduce working capital and the growing variety of products. Most of the popular indicators have been developed based on a controlled environment. A new indicator is now proposed, based on the uncertainty of the demand, the flexibility of the supply chains, the evolution of the products lifecycle and the fulfillment of a required service level. The model to support the indicator will be developed within the real options approach.

• Item Type: MPRA Paper
• Language: English
• Keywords: overstock, stock management, real options
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C61 - Optimization Techniques ; Programming Models ; Dynamic Analysis

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