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Inventory Replenishment Models with Advance Demand Information for Agricultural Online Retailers
in Operations Research Proceedings 2013 Springer 2014 - 487-493 P.
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
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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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