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Modeling Overstock

Author

Listed:
  • Fernandes, Rui
  • Gouveia, Borges
  • Pinho, Carlos

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.

Suggested Citation

  • Fernandes, Rui & Gouveia, Borges & Pinho, Carlos, 2010. "Modeling Overstock," MPRA Paper 25126, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:25126
    as

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    File URL: https://mpra.ub.uni-muenchen.de/25126/1/MPRA_paper_25126.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    overstock; stock management; real options;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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