Essays about: "Two-Stage Recourse Problem"

Found 1 essay containing the words Two-Stage Recourse Problem.

  1. 1. Stochastic Lateral Transshipment within the Fast Fashion Industry

    University essay from KTH/Matematik (Inst.)

    Author : Linnéa Andersson; [2022]
    Keywords : Degree Project; Fast Fashion; H M; Lateral Transshipment; Linear Optimization; Master’s Thesis; Recourse Problem; Retail; Sample Average Approximation; Stochastic Optimization; Transshipment; Two-Stage Recourse Problem; Detaljhandel; H M; Lagerflyttar; Lagerhantering; Linjär optimering; Masters Examensarbete; Mode; Optimering; Snabbt mode; Stokastisk optimering; Transportproblem;

    Abstract : In an industry with highly variable demand and a fickle customer demanding a fast changing supply, quickly responding to the customer becomes crucial for the fast fashion retailer. Using lateral transshipment, one is able to reorganize supply within an echelon of the supply chain to quickly respond to the forecasted demand by looking at shorter more accurate forecasts and act accordingly. READ MORE