Stockout Cost Models: Empirical Tests in a Retail Situation

C K Walter · John R. Grabner

86 citations0/0 files storedJournal of Marketing

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Supply Chain and Inventory Management Consumer Market Behavior and Pricing Logistics and Transportation Systems

Abstract

DISPLAY space and merchandise inventories are two of the most important assets a retail firm possesses. A body of research literature on methods of optimizing the use of display space and optimizing inventory levels for particular items has developed over time.' These studies have typically assumed the objectives of optimizing profits from display space or minimizing the costs of acquiring and carrying inventory, given a desired level of customer service.

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1995A sensitivity analysis of retailer shelf management models 2009Analyzing out‐of‐stock in independent grocery stores: an empirical study 2007Consumer response to stock‐out in the online supply chain 1997The impact of quick response technologies on retail store attributes 2009Marketing at the retail shelf: an examination of moderating effects of logistics on SKU market share 2009An Advanced System for Supporting the Decision Process within Large-scale Retail Stores 1979A Refined Approach to the Wheel of Retailing 2000Inventory policy for dense retail outlets

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