The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model

Detalhes bibliográficos
Autor(a) principal: Rito, Inês Varela
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/123037
Resumo: The shortening of product life cycles has been an evident trend overtime. As such, businesses’ operation strategies underwent changes, yet little focus has been given to its effect on inventory management. A such, this research has the purpose of creating a mathematical tool to assess the impact on inventory mismatch costs as the cycles shorten, and its consequences on profits. For that, a Newsvendor Model is built, which is applied to a 3 and 2-period cycle. The findings describe the impacts measured, followed by conclusions. This research is finalized by the model’s limitations and indications for future research.
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spelling The impact of shorter product life cycles on inventory mismatch costs: a newsvendor modelProduct life cycleInventory managementMismatch costsNewsvendor modelDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe shortening of product life cycles has been an evident trend overtime. As such, businesses’ operation strategies underwent changes, yet little focus has been given to its effect on inventory management. A such, this research has the purpose of creating a mathematical tool to assess the impact on inventory mismatch costs as the cycles shorten, and its consequences on profits. For that, a Newsvendor Model is built, which is applied to a 3 and 2-period cycle. The findings describe the impacts measured, followed by conclusions. This research is finalized by the model’s limitations and indications for future research.Baganha, Manuel Pedro da CruzRUNRito, Inês Varela2021-08-24T19:35:37Z2021-01-112021-01-042021-01-11T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/123037TID:202739686enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:04:29Zoai:run.unl.pt:10362/123037Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:44:55.778999Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
title The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
spellingShingle The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
Rito, Inês Varela
Product life cycle
Inventory management
Mismatch costs
Newsvendor model
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
title_full The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
title_fullStr The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
title_full_unstemmed The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
title_sort The impact of shorter product life cycles on inventory mismatch costs: a newsvendor model
author Rito, Inês Varela
author_facet Rito, Inês Varela
author_role author
dc.contributor.none.fl_str_mv Baganha, Manuel Pedro da Cruz
RUN
dc.contributor.author.fl_str_mv Rito, Inês Varela
dc.subject.por.fl_str_mv Product life cycle
Inventory management
Mismatch costs
Newsvendor model
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Product life cycle
Inventory management
Mismatch costs
Newsvendor model
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The shortening of product life cycles has been an evident trend overtime. As such, businesses’ operation strategies underwent changes, yet little focus has been given to its effect on inventory management. A such, this research has the purpose of creating a mathematical tool to assess the impact on inventory mismatch costs as the cycles shorten, and its consequences on profits. For that, a Newsvendor Model is built, which is applied to a 3 and 2-period cycle. The findings describe the impacts measured, followed by conclusions. This research is finalized by the model’s limitations and indications for future research.
publishDate 2021
dc.date.none.fl_str_mv 2021-08-24T19:35:37Z
2021-01-11
2021-01-04
2021-01-11T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/123037
TID:202739686
url http://hdl.handle.net/10362/123037
identifier_str_mv TID:202739686
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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