Analytical Modeling Research in Fashion Business by Tsan-Ming Choi

Analytical Modeling Research in Fashion Business by Tsan-Ming Choi

By Tsan-Ming Choi

This e-book contains either theoretical effects and alertness situations of analytical modeling dependent learn with regards to the style and cloth enterprise. It responds to demands deeper theoretical foundations as a variety of analysis method in a box that has thus far commonly trusted case reviews and empirical research. even supposing there are increasingly more comparable courses which hire an analytical method in accomplishing theoretical and utilized learn within the model and fabric enterprise, this e-book fills a vital hole through delivering a finished reference resource that introduces the method and gives cutting-edge findings at the subject. masking an incredible and well-established undefined, Analytical Modeling study in style Business is a pioneering textual content and crucial interpreting for researchers and practitioners within the model and textiles alike.

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They identify the analytical conditions in which operations reversal can lead to reduced production volume variability in the manufacturing process. Raman and Kim (2002) explore the impacts of inventory holding cost and the capacity management issue in apparel manufacturing. The authors focus on a real case study with a school uniform manufacturer. Based on many practices of this case, they construct the formal analytical models and then conduct analysis. Their findings reveal that apparel manufacturers with high inventory holding costs should set high stockout costs and achieve low capacity utilization.

Consequently, return policies are an aspect of marketing practice (Autry 2005), and therefore, returns management is certainly an aspect of the value creation process (Hjort et al. 2013). Lee (2009) pointed out fashion products purchased at home via online shopping or catalogue shopping are much more likely to be returned than any other types of products because such fashion products can easily be returned and products that have been tried on or damaged are often returned. com Ally fashion Simons Within 14 days of purchase Within 14 days of delivery 30 days for regular-priced items and 10 days for sale items; shipping fee is non-fundable Dynamite Within 30 days John Lewis Within 90 days The findings are based on our online searching of the reported consumer returns policies in these fashion brands consumer preferences; high impulse purchasing; and a myriad of manufacturing, marketing, and retail alternatives (Richardson 1996; Christopher et al.

A. Diggins et al. Another special case is mass customization. As innovations in production technology and efficient operations continue apace, many products can be produced through mass customization of production processes. As pointed out by Choi et al. (2013) and Choi (2013), it is common that a no-refund policy will be applied to fashion products offering customization (such as monogramming). It may be less easy to decide what returns policy should be adopted for products created using mass customization production processes.

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