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This document provides a survey of approaches for determining the optimal amount of excess stock to dispose of when an organization finds itself with excess inventory. It categorizes the approaches into simple decision rules and analytical models. The simple rules consider factors like months of supply on hand but do not consider costs. The analytical models are divided into those that consider just the disposal decision and those that combine disposal with acquisition decisions. The paper outlines directio

Author

Anchit Patle

Language

EN