The Role of Schedule Mismatch in Ending Inventory Decisions in the Presence of Price Cuts
研究了高科技行业中，供应商预宣布降价时，制造商如何应对交货与需求不确定性，以及运营时间与运输时间错配对库存成本和订单履行的影响，发现缺货成本对期末库存决策至关重要。
In the high‐tech sector, component suppliers are often able to offer preannounced price cuts (price markdowns) to manufacturers due to technological innovation that allows them to produce the existing components at lower costs. In this context, manufacturers (buyers) are primarily concerned with their existing inventory carried beyond the price cuts in order to lower inventory costs. In this research, we develop a newsvendor‐based decision model for this problem based on our experience in industry and a focal case study environment. Specifically, we consider the issue of delivery and demand uncertainties, and the interplay of the buying firm's operating hours and the transportation carrier's delivery hours, which combine to influence inventory costs and order fulfillment. We illustrate the results with numerical examples and sensitivity analyses, using a real world data set. We found that stockout cost plays a critical role in the ending inventory decisions. Lowering stockout cost will benefit buyers from lower risk of obsolescence costs.