2021
DOI: 10.1155/2021/5996579
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Hybrid Transshipment Policy and Ordering Model for Multiple Periods with Customer Switching Behaviour

Abstract: The interaction of a hybrid transshipment policy and customer switching behaviour will exacerbate the complexity of the structure of a hybrid transshipment policy. To cope with this problem, a discrete-time dynamic programming model framework with customer switching behaviour is developed. Based on this framework, we demonstrate that the retailer can obtain more profits with a hybrid transshipment than without one. Next, the existence of a reactive and preventive transshipment policy is shown, respectively. We… Show more

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Cited by 2 publications
(1 citation statement)
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“…Lastly, [26] incorporated customers' switching behaviors into retailers' ordering decisions. The authors in [27] developed a discrete-time dynamic programming model framework with customer switching behavior. Notably, existing literature predominantly focuses on the analytical modeling perspective of the transshipment problem, neglecting the behavioral factors of retailers and their impact on systematic ordering deviations.…”
Section: Traditional Inventory Transshipmentmentioning
confidence: 99%
“…Lastly, [26] incorporated customers' switching behaviors into retailers' ordering decisions. The authors in [27] developed a discrete-time dynamic programming model framework with customer switching behavior. Notably, existing literature predominantly focuses on the analytical modeling perspective of the transshipment problem, neglecting the behavioral factors of retailers and their impact on systematic ordering deviations.…”
Section: Traditional Inventory Transshipmentmentioning
confidence: 99%