More search options
Basket icon
No items
Basket icon

Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Compact case
Case
-
Reference no. UVA-OM-1457
Subject category: Production and Operations Management
Authors: Gal Raz (Darden School of Business, University of Virginia)
Published by: Darden Business Publishing
Originally published in: 2011
Version: 25 August 2014
Revision date: 10-Oct-2014
Length: 2 pages
Data source: Published sources
Topics: Newsvendor model; Optimal order quantity; Purchasing; Inventory; Operations management; Inventory management; Supply chain management
Share a link: https://casecent.re/p/106024
| No reviews for this item
View our pricing guide or login to see prices.

Abstract

A toy retailer plans to order a new product from an untested supplier for the winter holiday season. This exercise provides an opportunity for students to construct a model to determine optimal order quantity when demand is not known. Profits are calculated based on wholesale pricing, revenue-sharing, profit-sharing, and buyback contracts.
Industry:
Consumer goods
Teaching note
-
Reference no. UVA-OM-1457TN
Subject category: Production and Operations Management
Authors: Gal Raz (Darden School of Business, University of Virginia); Gerry Yemen (Darden School of Business, University of Virginia)
Published by: Darden Business Publishing
Originally published in: 2014
Version: 24 October 2014
Length: 19 pages
Data source: Published sources
View full details
Supplementary software
-
Reference no. UVA-OM-1457X
Subject category: Production and Operations Management
Authors: Gal Raz (Darden School of Business, University of Virginia); Eli M Snir (Washington University in St. Louis)
Published by: Darden Business Publishing
Published in: 2014
Format: .xlsx
Data source: Published sources
Topics: Newsvendor model; Optimal order quantity; Purchasing; Inventory; Operations management; Inventory management; Supply chain management
View full details

About

Abstract

A toy retailer plans to order a new product from an untested supplier for the winter holiday season. This exercise provides an opportunity for students to construct a model to determine optimal order quantity when demand is not known. Profits are calculated based on wholesale pricing, revenue-sharing, profit-sharing, and buyback contracts.

Settings

Industry:
Consumer goods

Related

Teaching note
-
Reference no. UVA-OM-1457TN
Subject category: Production and Operations Management
Authors: Gal Raz (Darden School of Business, University of Virginia); Gerry Yemen (Darden School of Business, University of Virginia)
Published by: Darden Business Publishing
Originally published in: 2014
Version: 24 October 2014
Length: 19 pages
Data source: Published sources
View full details
Supplementary software
-
Reference no. UVA-OM-1457X
Subject category: Production and Operations Management
Authors: Gal Raz (Darden School of Business, University of Virginia); Eli M Snir (Washington University in St. Louis)
Published by: Darden Business Publishing
Published in: 2014
Format: .xlsx
Data source: Published sources
Topics: Newsvendor model; Optimal order quantity; Purchasing; Inventory; Operations management; Inventory management; Supply chain management
View full details