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Inventory Replenishment Models with Advance Demand Information for Agricultural Online Retailers

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Book cover Operations Research Proceedings 2013

Part of the book series: Operations Research Proceedings ((ORP))

Abstract

This paper studies the inventory replenishment planning problems for agricultural online retailers able to obtain advance demand information (ADI) in an environment of time-varying demands. We incorporate ADI into dynamic lot-sizing (DLS) models to formulate the replenishment planning problems for agricultural online retailers. We consider three scenarios in this research. (1) Companies act as pure-play online retailers with customers homogeneous in demand lead time. (2) Online customers are heterogeneous in demand lead time with priorities. (3) Online retailers operate in a bricks-and-clicks structure, in which demands come from both online and offline channels. These channels can be either independent or interactive.

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References

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Acknowledgments

This research is supported by Collaborative Innovation Center for Modern Logistics and Business of Hubei (Cultivation), Modern Information Management Research Center (MIMRC) of HUST and NSFC (No.70901028; 71271095).

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Correspondence to Yeming Gong .

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© 2014 Springer International Publishing Switzerland

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Xu, H., Gong, Y., Chu, C., Zhang, J. (2014). Inventory Replenishment Models with Advance Demand Information for Agricultural Online Retailers. In: Huisman, D., Louwerse, I., Wagelmans, A. (eds) Operations Research Proceedings 2013. Operations Research Proceedings. Springer, Cham. https://doi.org/10.1007/978-3-319-07001-8_66

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