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Single item periodic review inventory control with sales dependent stochastic return flows
(Elsevier, 2023-01)
Retailers have to deal with increasing levels of product returns as the shares of e-commerce sales soars. With this increase, it is no longer feasible to dispatch returned products to outlets or landfills, hence retailers ...
Healthcare inventory management in the presence of supply disruptions and a reliable secondary supplier
(Springer, 2023-12)
We study the inventory review policy for a healthcare facility to minimize the impact of inevitable drug shortages. Usually, healthcare facilities do not rely on a single source of supply, and alternative mechanisms are ...
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