An Elasticity Approach to the Newsvendor with Price-Sensitive Demand.
Ayse KocabiyikogluIoana PopescuPublished in: Oper. Res. (2011)
Keyphrases
- stochastic demand
- inventory models
- single item
- lost sales
- inventory control
- demand function
- information asymmetry
- order quantity
- infinite horizon
- lot sizing
- stochastic inventory
- risk averse
- single period
- expected profit
- demand uncertainty
- multi item
- lot size
- inventory systems
- finite horizon
- soft tissue
- ordering cost
- inventory management
- risk neutral
- state space
- optimal policy
- supply chain