Optimal Option Purchasing Decisions for the Risk-Averse Retailer with Shortage Cost.

Xin-Sheng Xu Felix T. S. Chan

Published in: Asia Pac. J. Oper. Res. (2019)

Keyphrases

risk neutral
risk averse
decision makers
utility function
risk aversion
expected cost
stochastic programming
decision making
inventory policy
supply chain
risk sensitive
portfolio management
optimal solution
dynamic programming
service level
total cost
linear program
probability distribution
np hard