Demand seasonality in retail inventory management

We investigate the value of accounting for demand seasonality in inventory control. Our problem is motivated by discussions with retailers who admitted to not taking perceived seasonality patterns into account in their replenishment systems. We consider a single-location, single-item periodic review lost sales inventory problem with seasonal demand in a retail environment. Customer demand has seasonality with a known season length, the lead time is shorter than the review period and orders are placed as multiples of a fixed batch size. The cost structure comprises of a fixed cost per order, a cost per batch, and a unit variable cost to model retail handling costs. We consider four different settings which differ in the degree of demand seasonality that is incorporated in the model: with or without within-review period variations and with or without across-review periods variations. In each case, we calculate the policy which minimizes the long-run average cost and compute the optimality gaps of the policies which ignore part or all demand seasonality. We find that not accounting for demand seasonality can lead to substantial optimality gaps, yet incorporating only some form of demand seasonality does not always lead to cost savings. We apply the problem to a real life setting, using Point-of-Sales data from a European retailer. We show that a simple distinction between weekday and weekend sales can lead to major cost reductions without greatly increasing the complexity of the retailer’s automatic store ordering system. Our analysis provides valuable insights on the tradeoff between the complexity of the automatic store ordering system and the benefits of incorporating demand seasonality.     

Computer aided drug identification in toxicological analysis by means of EI and CI mass spectrometry

Ohne Zusammenfassung

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Computer aided drug identification in toxicological analysis by means of EI and CI mass spectrometry

     

Über das Chlorhydrin und Oxyd des Pentan-1, 4-diols

Ohne ZusammenfassungBevor ich meine Ausführungen schließe, drängt es mich, meinem verehrten Lehrer, Herrn Hofrat Prof. Dr. Adolf Lieben, für seine Anregung zu dieser Arbeit sowie für seinen Rat bei der Durchführung und das Interesse, das er mir entgegenbrachte, meinen ergebensten Dank auszusprechen. Auch sei es mir gestattet, dem Herrn Privatdozenten Dr. A. Franke und dem Herrn Assistenten Dr. A. Hochstetter für ihre wertvollen Ratschläge und ihre werktätige Unterstützung an dieser Stelle herzlichst zu danken.     

Genaue Massenbestimmung und Strukturaufkl?rung von Arzneistoffmetaboliten mit Hilfe der GC-MS-Kopplung

Ohne ZusammenfassungWir danken dem Bundesministerium für Forschung und Technologie für die Überlassung der Geräte.