Browsing Management Sciences by Subject "layaway"
Now showing items 1-2 of 2
-
Optimal inventory decisions for a risk-averse retailer when offering layaway
(Elsevier, 2020-07-01)Layaway allows economically disadvantaged budget-constrained consumers to purchase expensive items through amortized payments and nominal program fees, as opposed to using high-interest financing options such as credit ... -
Optimal inventory decisions when offering layaway
(Taylor & Francis, 2019)This paper presents an inventory management policy for a retailer offering a layaway programme. Layaway is a service provided by retailers that allows budget constrained consumers who have sufficiently high valuations to ...