03569cam a22005415i 4500 21664309 OSt 20250925114116.0 m |o d | cr ||||||||||| 141210s2015 gw |||| o |||| 0|eng 2019740855 9783319133058 10.1007/978-3-319-13305-8 doi (DE-He213)978-3-319-13305-8 DLC eng pn rda AIMIT LIBRARY KJMV bicssc BUS087000 bisacsh KJMV thema 005.768 1 SACA Sachs, Anna-Lena. 37611 Retail analytics : integrated forecasting and inventory management for perishable products in retailing / By Anna-Lena Sachs. 1st ed. Cham : Springer International Publishing : Imprint: Springer, 2015. xvii,111p. ; PB. 23.5 cm text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Lecture Notes in Economics and Mathematical Systems, 0075-8442 ; 680 Introduction -- Literature Review -- Safety Stock Planning under Causal Demand Forecasting -- The Data-Driven Newsvendor with Censored Demand Observations -- Data-Driven Order Policies with Censored Demand and Substitution -- Empirical Newsvendor Decisions under a Service Contract -- Conclusions. This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory management for perishable products, while taking unobservable lost sales and substitution into account in out-of-stock situations. Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. Furthermore, the book derives an optimal inventory policy for a multi-product setting in which the decision-maker faces an aggregated service level target, and analyzes whether the decision-maker is subject to behavioral biases based on real data for bakery products. Description based on publisher-supplied MARC data. Production management. 37612 Operations research. 37613 Decision making. 37614 Management science. 37615 Sales management. 37616 Operations Management. https://scigraph.springernature.com/ontologies/product-market-codes/519000 37617 Operations Research/Decision Theory. https://scigraph.springernature.com/ontologies/product-market-codes/521000 37618 Operations Research, Management Science. https://scigraph.springernature.com/ontologies/product-market-codes/M26024 37619 Sales/Distribution. https://scigraph.springernature.com/ontologies/product-market-codes/524000 37620 Printed edition: 9783319133065 Printed edition: 9783319133041 Printed edition: 9783030212650 Lecture Notes in Economics and Mathematical Systems, 0075-8442 ; 680 37621 ddc BK 1st 005.768 SACA 222969 222969 0 0 ddc 0 0 MCA AIMIT AIMIT 2022-03-24 1095.00 Bill no:6625; Bill dt:2022-03-23 0 005.768 SACA MCA17103 2026-05-23 00:00:00 876.00 2022-05-17 BK