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The optimal order decisions of a risk-averse newsvendor under backlogging.
Jianghua Zhang
Felix T. S. Chan
Xinsheng Xu
Published in:
Ann. Oper. Res. (2023)
Keyphrases
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risk averse
risk neutral
decision makers
utility function
risk aversion
single item
lot sizing
stochastic programming
decision making
reinforcement learning
dynamic programming
expected utility