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Simulation game for inventory and markdown pricing

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Issue DateTitleSub-TitleAuthor(s)Journal NameVolume NumberIssue NumberPages
121-Mar-2019Simulation game for inventory and markdown pricing-Hazra, Jishnu 

Description

Abstract
We intend to develop a simulation game which will be used in supply chain course. The case will simulate a retail supply chain of a fashion apparel and students will have to make pricing decision over a period of 15 weeks after which the product becomes obsolete sold in the salvage market. The student will be focusing on two aspects of the pricing decision during the course of 15 simulated weeks: timing and magnitude of price reduction of the product.
 
Keyword(s)
Inventory
Markdown pricing
Simulation game
Supply chain
Apparel industry
Fashion apparel

Primary Data

Project title
Simulation game for inventory and markdown pricing
Project Coordinator
Organization
 
Status
Completed
Expected Completion
21-03-2019