DocumentCode
1669012
Title
Impact of Shortage Cost In A Risk-averse Newsboy Model
Author
Wu, Jun ; Li, Jian ; Ou, Hai-ying
Author_Institution
Sch. of Econ. & Manage., Beijing Univ. of Posts & Telecommun.
Volume
1
fYear
2006
Firstpage
278
Lastpage
282
Abstract
This paper studies the impact of shortage cost on the optimal decisions in a risk-averse newsboy problem. The risk-averse newsboy problem is analyzed by using the mean-variance approach. The impact of shortage cost on the newsboy´s optimal decisions is presented
Keywords
costing; stock control; supply chains; inventory control; mean-variance approach; optimal decisions; risk-averse newsboy model; shortage cost impact; supply chain; Cost function; Inventory control; Mathematical model; Mathematics; Pricing; Risk analysis; Risk management; Stochastic processes; Supply chains; Uncertainty; Newsboy problem; Risk averse; Shortage cost;
fLanguage
English
Publisher
ieee
Conference_Titel
Service Systems and Service Management, 2006 International Conference on
Conference_Location
Troyes
Print_ISBN
1-4244-0450-9
Electronic_ISBN
1-4244-0451-7
Type
conf
DOI
10.1109/ICSSSM.2006.320626
Filename
4114446
Link To Document