The Newsvendor Problem in a Global Market: Optimal Centralized and Decentralized Control Policies for a Two-Market Stochastic Inventory System

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Panagiotis Kouvelis; Genaro J. Gutierrez;
  • Journal: Management Science,volume 43,issue 5 May,pages571-585
  • Related identifiers: doi: 10.1287/mnsc.43.5.571
  • Subject: supply chain management, international operations management, inventory management

The global markets of today offer to the "style goods" producer more selling opportunities and pose new challenges in production planning and coordination. From a production management standpoint the opportunity to exploit the difference in timing of the selling season ... View more
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