{"id":151,"date":"2023-09-23T10:41:19","date_gmt":"2023-09-23T14:41:19","guid":{"rendered":"https:\/\/retailsuccessonline.com\/RetailBooks\/?p=151"},"modified":"2023-09-23T10:42:30","modified_gmt":"2023-09-23T14:42:30","slug":"integrated-forecasting-and-inventory-management","status":"publish","type":"post","link":"https:\/\/retailsuccessonline.com\/RetailBooks\/integrated-forecasting-and-inventory-management\/","title":{"rendered":"Integrated Forecasting and Inventory Management"},"content":{"rendered":"

<\/a><\/p>\n

List Price:<\/strong> $89.99<\/del>
\nItem Price :<\/strong> $63.63-$69.25 Check Price<\/a>
\nItem ASIN:<\/strong> 3319133047
\nTop Feature :<\/strong>
\nRetail Analytics Integrated Forecasting and Inventory Management for Perishable Products in Retailing Lecture Notes in Economics and Mathematical Systems<\/p>\n

Item Description:<\/span><\/h4>\n

This book addresses the challenging task of demand forecasting and inventory management in retailing. <\/span><\/p>\n

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. <\/span><\/p>\n

Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. <\/span><\/p>\n

The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. <\/span><\/p>\n

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.<\/span><\/p>\n

Buy From Amazon<\/a><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

List Price: $89.99 Item Price : $63.63-$69.25 Check Price Item ASIN: 3319133047 Top Feature : Retail Analytics Integrated Forecasting and Inventory Management for Perishable Products in Retailing Lecture Notes in Economics and Mathematical Systems Item Description: 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… <\/p>\n","protected":false},"author":1,"featured_media":152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[52],"class_list":["post-151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail-math-analytics","tag-integrated-forecasting-and-inventory-management"],"_links":{"self":[{"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/posts\/151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/comments?post=151"}],"version-history":[{"count":3,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/posts\/151\/revisions"}],"predecessor-version":[{"id":155,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/posts\/151\/revisions\/155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/media?parent=151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/categories?post=151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retailsuccessonline.com\/RetailBooks\/wp-json\/wp\/v2\/tags?post=151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}