The expectation-based loss-averse newsvendor under supply uncertainty

被引：0

作者：

Ma, Lijun ^{[1
]}

Qin, Guanglun ^{[1
]}

Xue, Weili ^{[2
]}

机构：

[1] Shenzhen Univ, Coll Management, Dept Management Sci & Engn, Shenzhen, Peoples R China

[2] Southeast Univ, Coll Management, Dept Logist Engn, Nanjing, Peoples R China

来源：

2014 11TH INTERNATIONAL CONFERENCE ON SERVICE SYSTEMS AND SERVICE MANAGEMENT (ICSSSM) | 2014年

基金：

中国国家自然科学基金;

关键词：

uncertain supply; expectation-based; lose-averse;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

We extend the expectation-based loss-averse newsvendor model according [1] by assuming that decision maker confronts deterministic demand and uncertain supply at the beginning of a selling season. We show with numerical study that the higher the penalty coefficient, the lower the optimal order quantity. Higher retail price and salvage value lead to optimally order more. However, when the wholesale price increases, the optimal order quantity decreases.

引用

页数：4

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