Inventory financing a risk-averse newsvendor with strategic default.
Tianyun LiWeiguo FangDesheng Dash WuBaofeng ZhangPublished in: Ind. Manag. Data Syst. (2020)
Keyphrases
- risk averse
- supply chain
- inventory level
- risk neutral
- lead time
- decision makers
- decision making
- utility function
- risk aversion
- stochastic programming
- portfolio management
- expected cost
- total cost
- long run
- planning horizon
- service level
- inventory control
- lost sales
- production system
- multi item
- expected utility
- infinite horizon
- optimal policy
- single item
- lot sizing
- state dependent
- dynamic pricing
- multistage
- sufficient conditions
- dynamic programming