To minimize the inventory costs of detecting demand change, an acceptance/rejection method （ threshold） is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage ...To minimize the inventory costs of detecting demand change, an acceptance/rejection method （ threshold） is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage cost, the transitional probability of the demand change, and the magnitude of the demand change. Compared with the single exponential smoothing method, it is proved that the proposed method can save many more inventory costs when detecting a step change in demand. By analyzing the proposed method, it shows that as the magnitude of step change increases, the supply chain members turn to synchronously judge a step change, and as excess （ shortage） cost increases, a newsvendor tends to respond slowly （early） to an increase in demand and responds early （slowly） to a decrease in demand. Observations from this study suggest that supply chain members should pay careful attention to different profit-margin products and different magnitude demand changes in cooperating and sharing demand information with others.展开更多
基金The National Natural Science Foundation of China(No.71171049,71390335)
文摘To minimize the inventory costs of detecting demand change, an acceptance/rejection method （ threshold） is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage cost, the transitional probability of the demand change, and the magnitude of the demand change. Compared with the single exponential smoothing method, it is proved that the proposed method can save many more inventory costs when detecting a step change in demand. By analyzing the proposed method, it shows that as the magnitude of step change increases, the supply chain members turn to synchronously judge a step change, and as excess （ shortage） cost increases, a newsvendor tends to respond slowly （early） to an increase in demand and responds early （slowly） to a decrease in demand. Observations from this study suggest that supply chain members should pay careful attention to different profit-margin products and different magnitude demand changes in cooperating and sharing demand information with others.
