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Fashion Retail Supply Chain Management
book

Fashion Retail Supply Chain Management

by Tsan-Ming Choi
May 2014
Intermediate to advanced content levelIntermediate to advanced
122 pages
4h 18m
English
CRC Press
Content preview from Fashion Retail Supply Chain Management
Chapter 5
New product selection in fashion
retail supply chains
SUMMARY
In this chapter, we study the new product selection problem in two-echelon single
manufacturer single retailer fashion retail supply chains. We consider the situation
when the fashion retailer is planning to offer a new product from a set of available
product options. Since demand relates to the future market situation, we assume that
there exist two states of the world for each new product candidate: One denoting the
case when the market demand is expectedly high and one representing the case when
the market demand is expectedly low. The probabilities for the occurrence of high
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Publisher Resources

ISBN: 9781138000285