EOQ for perishable goods: modification of Wilson’s model for food retailers
A timely response to a fluctuating and ever-changing consumer demand is an important decision for a company, as it may impact its position in the market. Thus, proper inventory management becomes a focal point in retail business process management and can provide a substantial competitive advantage...
Main Authors: | , , , , , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2019-12-01
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Series: | Technological and Economic Development of Economy |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/TEDE/article/view/11330 |