IDEAS home Printed from https://ideas.repec.org/a/inm/ormnsc/v47y2001i4p595-600.html
   My bibliography  Save this article

A Generalized Model of Operations Reversal for Fashion Goods

Author

Listed:
  • Nikhil Jain

    (College of Business Administration, University of Cincinnati, Cincinnati, Ohio 45221)

  • Anand Paul

    (Decision and Information Sciences, Warrington College of Business, University of Florida, Gainesville, Florida 32611-7150)

Abstract

Operations reversal is a process design principle that involves switching two consecutive stages of the manufacturing process to improve process performance. In this paper we investigate conditions under which operations reversal can be used to reduce the variability---as measured by the variance and standard deviation---of production volumes at the intermediate stage of the manufacturing process. We generalize the operations reversal model of Lee and Tang (1998) to explicitly incorporate two important characteristics of fashion goods markets: heterogeneity among customers and unpredictability of customer preferences. We also present a new approach to modeling the operations reversal problem.

Suggested Citation

  • Nikhil Jain & Anand Paul, 2001. "A Generalized Model of Operations Reversal for Fashion Goods," Management Science, INFORMS, vol. 47(4), pages 595-600, April.
    • Handle: RePEc:inm:ormnsc:v:47:y:2001:i:4:p:595-600
    DOI: 10.1287/mnsc.47.4.595.9830
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mnsc.47.4.595.9830
    Download Restriction: no
    File URL: https://libkey.io/10.1287/mnsc.47.4.595.9830?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hau L. Lee & Christopher S. Tang, 1998. "Variability Reduction Through Operations Reversal," Management Science, INFORMS, vol. 44(2), pages 162-172, February.
    2. Roman Kapuscinski & Sridhar Tayur, 1999. "Variance vs. Standard Deviation: Variability Reduction Through Operations Reversal," Management Science, INFORMS, vol. 45(5), pages 765-767, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cheung, Ki Ling & Song, Jing-Sheng & Zhang, Yue, 2017. "Cost reduction through operations reversal," European Journal of Operational Research, Elsevier, vol. 259(1), pages 100-112.
    2. Caulkins, Jonathan P. & Hartl, Richard F. & Kort, Peter M. & Feichtinger, Gustav, 2007. "Explaining fashion cycles: Imitators chasing innovators in product space," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1535-1556, May.
    3. Tang, Christopher S., 2006. "Perspectives in supply chain risk management," International Journal of Production Economics, Elsevier, vol. 103(2), pages 451-488, October.
    4. Mostard, J. & Teunter, R.H. & de Koster, M.B.M., 2003. "The distribution-free newsboy problem with resalable returns," ERIM Report Series Research in Management ERS-2003-068-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    5. Jim (Junmin) Shi & Xiaohang Yue & Yao Zhao, 2014. "Operations sequencing for a multi‐stage production inventory system," Naval Research Logistics (NRL), John Wiley & Sons, vol. 61(2), pages 144-154, March.
    6. Mostard, Julien & de Koster, Rene & Teunter, Ruud, 2005. "The distribution-free newsboy problem with resalable returns," International Journal of Production Economics, Elsevier, vol. 97(3), pages 329-342, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alfaro, José A. & Corbett, Charles J., 2000. "The value of SKU rationalization: the pooling effect under suboptimal inventory policies," DEE - Working Papers. Business Economics. WB 9917, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
    2. Tang, Christopher S., 2006. "Perspectives in supply chain risk management," International Journal of Production Economics, Elsevier, vol. 103(2), pages 451-488, October.
    3. Feng Dong & Qiguo Gong & Hui Wang & Siyuan Yi & Yue Cai, 2019. "Rest Breaks Arrange Based on Empirical Studies of Productivity in Manufacturing Industry," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(9), pages 1043-1066, September.
    4. Jim (Junmin) Shi & Xiaohang Yue & Yao Zhao, 2014. "Operations sequencing for a multi‐stage production inventory system," Naval Research Logistics (NRL), John Wiley & Sons, vol. 61(2), pages 144-154, March.
    5. Yossi Aviv & Awi Federgruen, 2001. "Capacitated Multi-Item Inventory Systems with Random and Seasonally Fluctuating Demands: Implications for Postponement Strategies," Management Science, INFORMS, vol. 47(4), pages 512-531, April.
    6. Brun, Alessandro & Capra, Eugenio & Miragliotta, Giovanni, 2009. "VRP revisited: The impact of behavioural costs in balancing standardisation and variety," International Journal of Production Economics, Elsevier, vol. 117(1), pages 16-29, January.
    7. Cheung, Ki Ling & Song, Jing-Sheng & Zhang, Yue, 2017. "Cost reduction through operations reversal," European Journal of Operational Research, Elsevier, vol. 259(1), pages 100-112.
    8. Işık Biçer & Florian Lücker & Tamer Boyacı, 2022. "Beyond Retail Stores: Managing Product Proliferation along the Supply Chain," Production and Operations Management, Production and Operations Management Society, vol. 31(3), pages 1135-1156, March.
    9. Fay, Scott & Mitra, Deb & Wang, Qiong, 2009. "Ask or infer? Strategic implications of alternative learning approaches in customization," International Journal of Research in Marketing, Elsevier, vol. 26(2), pages 136-152.
    10. Ngniatedema, Thomas & Fono, Louis Aimé & Mbondo, Georges Dieudonné, 2015. "A delayed product customization cost model with supplier delivery performance," European Journal of Operational Research, Elsevier, vol. 243(1), pages 109-119.
    11. Lamothe, Jacques & Hadj-Hamou, Khaled & Aldanondo, Michel, 2006. "An optimization model for selecting a product family and designing its supply chain," European Journal of Operational Research, Elsevier, vol. 169(3), pages 1030-1047, March.
    12. Nan Yang & Renyu Zhang, 2022. "Comparative Statics Analysis of An Inventory Management Model with Dynamic Pricing, Market Environment Fluctuation, and Delayed Differentiation," Production and Operations Management, Production and Operations Management Society, vol. 31(1), pages 341-357, January.
    13. Milind G. Sohoni & Achal Bassamboo & Sunil Chopra & Usha Mohan & Nuri Sendil, 2010. "Threshold incentives over multiple periods and the sales hockey stick phenomenon," Naval Research Logistics (NRL), John Wiley & Sons, vol. 57(6), pages 503-518, September.
    14. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    15. MdAfzalul Aftab & Qin Yuanjian & Nadia Kabir, 2017. "Postponement Application in the Fast Fashion Supply Chain: A Review," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(7), pages 115-115, June.
    16. Daniel Granot & Shuya Yin, 2008. "Price and Order Postponement in a Decentralized Newsvendor Model with Multiplicative and Price-Dependent Demand," Operations Research, INFORMS, vol. 56(1), pages 121-139, February.
    17. Canan Savaskan, 2001. "Channel Choice and Coordination in a Remanufacturing Environment," Discussion Papers 1328, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    18. Koulamas, Christos & Kyparisis, George J., 2001. "A note on scheduling flowshops with flexible stage ordering," European Journal of Operational Research, Elsevier, vol. 129(1), pages 224-229, February.
    19. Gilbert, Stephen M. & Cvsa, Viswanath, 2003. "Strategic commitment to price to stimulate downstream innovation in a supply chain," European Journal of Operational Research, Elsevier, vol. 150(3), pages 617-639, November.
    20. Kai Huang, 2014. "Benchmarking non-first-come-first-served component allocation in an assemble-to-order system," Annals of Operations Research, Springer, vol. 223(1), pages 217-237, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:47:y:2001:i:4:p:595-600. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.