Production and inventory planning under decreasing absolute risk aversion: A unified approach for sensitivity analysis.
Sridhar SeshadriQi WuPublished in: Risk Decis. Anal. (2014)
Keyphrases
- sensitivity analysis
- risk aversion
- inventory level
- lead time
- expected cost
- production system
- total cost
- managerial insights
- production planning
- risk neutral
- production cost
- utility function
- expected utility
- influence diagrams
- optimal policy
- risk averse
- long run
- infinite horizon
- lot sizing
- state dependent
- stochastic process
- decision theoretic
- service level
- state space
- supply chain
- decision theory
- multistage
- graphical models