Inventory centralization with risk-averse newsvendors.
Jiahua ZhangShu-Cherng FangYifan XuPublished in: Ann. Oper. Res. (2018)
Keyphrases
- risk averse
- inventory level
- risk neutral
- lead time
- risk aversion
- utility function
- decision makers
- stochastic programming
- expected cost
- total cost
- supply chain
- optimal policy
- service level
- lost sales
- portfolio management
- state dependent
- lot sizing
- production system
- planning horizon
- expected utility
- stochastic process
- production cost
- cost function
- stationary distribution
- infinite horizon
- long run