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신선·시즌 상품의 최적 주문량 산정 문제에 대한 실증적 분석 : 소매유통업에서 뉴스벤더 모델의 적용

An Empirical Analysis on Optimal Oder Quantity of Perishable and Seasonal Products : A Practical Application of Newsvendor Model in Retail

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주제분류산업공학

초록

Although retailers deals with a large number of single-term inventory items, but few cases have been considered in the areas of practical decision making. However, recent moves to strengthen fair trade have created a real need for single-period inventory decision-making problems. This study addresses the problem of ordering quantity decisions that are expected to maximize profits using classical newsvendor models. The research target is data on seasonal and perishable products from retail. We also use data from retailers to actually apply the newsvendor model and calculate the results to compare performance. It also suggests solutions for estimating demand for products sold in order to apply newsvendor models that utilize actual demand ratio versus forecast demand. This study would like to examine the effectiveness of this research through data analysis and make some suggestions for applying it to reality.

Abstract

Although retailers deals with a large number of single-term inventory items, but few cases have been considered in the areas of practical decision making. However, recent moves to strengthen fair trade have created a real need for single-period inventory decision-making problems. This study addresses the problem of ordering quantity decisions that are expected to maximize profits using classical newsvendor models. The research target is data on seasonal and perishable products from retail. We also use data from retailers to actually apply the newsvendor model and calculate the results to compare performance. It also suggests solutions for estimating demand for products sold in order to apply newsvendor models that utilize actual demand ratio versus forecast demand. This study would like to examine the effectiveness of this research through data analysis and make some suggestions for applying it to reality.

참고문헌 (16)

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  2. Cachon, G. P, "Matching Supply with Demand : An Introduction to Operation Management" (2013), McGraw-Hill
  3. Choi, T.M, "Handbook of Newsvendor Problems :Models, Extensions and Applications" (2012), Springer
  4. Fisher, M, "The New Science of Retailing : How Analytics are Transforming the Supply Chain and Improving Performance" (2010), Harvard Business Press
  5. Hogg, R. V., "Introduction to Mathematical Statistics" (2013), Pearson
  6. 김미례, "탄소배출을 고려한 직배송 물류전략의 운영비용 절감효과 분석", 한국산학기술학회논문지, 18(6), pp.653~661 (2017), 한국산학기술학회[DOI]
  7. 이지혜, "기업 크기에 따른 재고자산회전 변화율의 차이", 한국산업경영시스템학회지, 38(2), pp.72~81 (2015), 한국산업경영시스템학회
  8. Levi, R., "The data-driven newsvendor problem : New bounds and insights", Operation Research, 63(6), pp.1294~1306 (2015)
  9. Nahmias, S., "Perishable Inventory Systems" (2011), Springer
  10. Nahmias, S., "Perishable inventory systems with variable input and demand rates", Mathematical Methods of Operation Research, 60(1), pp.155~162 (2004)
  11. Nahmias, S., "Production and Operations Analysis" (2009), McGraw-Hill
  12. Petruzzi, N. C., "Pricing and the Newsvendor Problem : A Review with Extension", Operation Research, 47(2), pp.183~194 (1999)
  13. Prasad, A., "Advance Selling by a Newsvendor Retailer", Production and Operations Management, 20(1), pp.129~142 (2011)
  14. Schweitzer, M. E., "Decision Bias in the Newsvendor Problem with a Known Demand Distribution : Experimental Evidence", Management Science, 46(3), pp.404~420 (2000)
  15. 윤승철, "재고보유단위로 관리되는 제품의 재고관리 방법에 관한 연구", 한국산업경영시스템학회지, 38(1), pp.124~130 (2015), 한국산업경영시스템학회
  16. Yue, J., "Expected Value of Distribution Information for the Newsvendor Problem", Operation Research, 54(6), pp.1128~1136 (2006)

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