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The benefits of postponing order-quantity decisions.

Publication: Operations Research
Publication Date: 01-MAY-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
In many logistics systems, inventory replenishment by retailers consists of two distinct stages. In the first stage, retailers may make a delivery request in advance without making a firm commitment on order quantity. In the second stage, the retailers are allowed to make an adjustment to the quantity requested...

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