Demand and Revenue Management of Deteriorating Inventory on the Internet: An Empirical Study of Flash Sales Markets
Journal of Business Logistics, pp. 170-183, 2017.
In this study, we investigate demand and revenue management of deteriorating inventory in flash sales markets (FSM). Retailers operating FSM source excess inventories of products from secondary markets in fixed lot sizes and offer them as part of deals that get no replenishments and expire after running for predetermined periods (e.g., 24...More
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