LEADER 04037nam 22007455 450 001 9910298493203321 005 20200919141316.0 010 $a3-319-13305-5 024 7 $a10.1007/978-3-319-13305-8 035 $a(CKB)3710000000315933 035 $a(EBL)1966795 035 $a(SSID)ssj0001407904 035 $a(PQKBManifestationID)11727544 035 $a(PQKBTitleCode)TC0001407904 035 $a(PQKBWorkID)11411410 035 $a(PQKB)10188029 035 $a(DE-He213)978-3-319-13305-8 035 $a(MiAaPQ)EBC1966795 035 $a(PPN)183153073 035 $a(EXLCZ)993710000000315933 100 $a20141210d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRetail Analytics $eIntegrated Forecasting and Inventory Management for Perishable Products in Retailing /$fby Anna-Lena Sachs 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (126 p.) 225 1 $aLecture Notes in Economics and Mathematical Systems,$x0075-8442 ;$v680 300 $aDescription based upon print version of record. 311 $a3-319-13304-7 320 $aIncludes bibliographical references. 327 $aIntroduction -- Literature Review -- Safety Stock Planning under Causal Demand Forecasting -- The Data-Driven Newsvendor with Censored Demand Observations -- Data-Driven Order Policies with Censored Demand and Substitution -- Empirical Newsvendor Decisions under a Service Contract -- Conclusions. 330 $aThis book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory management for perishable products, while taking unobservable lost sales and substitution into account in out-of-stock situations. Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. Furthermore, the book derives an optimal inventory policy for a multi-product setting in which the decision-maker faces an aggregated service level target, and analyzes whether the decision-maker is subject to behavioral biases based on real data for bakery products. 410 0$aLecture Notes in Economics and Mathematical Systems,$x0075-8442 ;$v680 606 $aProduction management 606 $aOperations research 606 $aDecision making 606 $aManagement science 606 $aSales management 606 $aOperations Management$3https://scigraph.springernature.com/ontologies/product-market-codes/519000 606 $aOperations Research/Decision Theory$3https://scigraph.springernature.com/ontologies/product-market-codes/521000 606 $aOperations Research, Management Science$3https://scigraph.springernature.com/ontologies/product-market-codes/M26024 606 $aSales/Distribution$3https://scigraph.springernature.com/ontologies/product-market-codes/524000 615 0$aProduction management. 615 0$aOperations research. 615 0$aDecision making. 615 0$aManagement science. 615 0$aSales management. 615 14$aOperations Management. 615 24$aOperations Research/Decision Theory. 615 24$aOperations Research, Management Science. 615 24$aSales/Distribution. 676 $a330 676 $a519.6 676 $a658.40301 676 $a658.5 676 $a658.81 700 $aSachs$b Anna-Lena$4aut$4http://id.loc.gov/vocabulary/relators/aut$01063546 906 $aBOOK 912 $a9910298493203321 996 $aRetail Analytics$92532949 997 $aUNINA