Identifying demand sources that minimize risk for a selective newsvendor.
Kevin M. TaaffeDeepak TirumalasettyPublished in: WSC (2005)
Keyphrases
- risk averse
- stochastic demand
- risk neutral
- inventory models
- lost sales
- single item
- utility function
- inventory control
- inventory level
- information asymmetry
- single period
- risk aversion
- service level
- risk management
- lot sizing
- multiple sources
- information sources
- decision making
- demand uncertainty
- infinite horizon
- planning horizon
- stochastic programming
- inventory systems
- optimal policy
- decision makers
- demand function
- data sources
- supply chain
- lead time
- production cost
- customer service