A loss-averse two-product ordering model with information updating in two-echelon inventory system

DOI10.3934/jimo.2017069zbMath1412.90048OpenAlexW2662039108MaRDI QIDQ1716979

Yanju Zhou, Zhen Shen, Renren Ying, Xuan-hua Xu

Publication date: 5 February 2019

Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/jimo.2017069

zbMATH Keywords

Monte Carlo algorithminformation updatingtwo-echelon inventory systemloss-aversetwo-product ordering model

Mathematics Subject Classification ID

Transportation, logistics and supply chain management (90B06) Production models (90B30) Inventory, storage, reservoirs (90B05)

Related Items (4)

Coordination of a supply chain with a loss-averse retailer under supply uncertainty and marketing effort ⋮ Optimization model and solution method for dynamically correlated two-product newsvendor problems based on copula ⋮ Impact of risk aversion on two-echelon supply chain systems with carbon emission reduction constraints ⋮ The impacts of retailers' regret aversion on a random multi-period supply chain network

Cites Work

• Unnamed Item
• The newsvendor problem: review and directions for future research
• A multi-product risk-averse newsvendor with exponential utility function
• Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence
• Prospect Theory: An Analysis of Decision under Risk
• Pricing and the Newsvendor Problem: A Review with Extensions
• The Risk-Averse (and Prudent) Newsboy
• Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part II: capacity constraints
• The Inventory Problem: II. Case of Unknown Distributions of Demand

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