“…More recently, inventory dynamics has been studied using secondary data (Dong et al, 2014;Kesavan et al, 2010;Moser et al, 2017;Steinker and Hoberg, 2013;Ullrich and Transchel, 2017). To be clear, although inventory dynamics can describe (1) durable inventory from a system development viewpoint (Bernstein and Federgruen, 2007;Krishnan and Winter 2010) and (2) the management policy about inventory level (Cui et al, 2022;Dolgui et al, 2020;Lukinskiy et al, 2020;Suh et al, 2018;Williams, 2022), these definitions are not used in this study. Instead, our definition of inventory dynamics is the variation of inventory in a given period of time as used in.…”