Optimal decisions when balancing expected profit and conditional value-at-risk in newsvendor models

DOI10.1007/S11424-010-7116-YzbMath1231.90070OpenAlexW1999157810MaRDI QIDQ545417

Minghui Xu, Jianbin Li

Publication date: 22 June 2011

Published in: Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11424-010-7116-y

zbMATH Keywords

risk aversionnewsvendor modelconditional value-at-riskshortage cost

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (10)

Risk shaping in production planning problem with pricing under random yield ⋮ The optimal order decisions of a risk-averse newsvendor under backlogging ⋮ Stackelberg equilibrium strategies and coordination of a low‐carbon supply chain with a risk‐averse retailer ⋮ Conditional value‐at‐risk beyond finance: a survey ⋮ Coping with loss aversion in the newsvendor model ⋮ Optimal Option Purchasing Decisions for the Risk-Averse Retailer with Shortage Cost ⋮ Study on single cycle production allocation and supply strategy for DCEs based on the CVaR criterion ⋮ A cooperation model based on CVaR measure for a two-stage supply chain ⋮ Impact of Emergency Order in Price-Dependent Newsvendor Problems ⋮ The risk-averse newsvendor problem with random capacity

Cites Work

• Newsvendor solutions via conditional value-at-risk minimization
• Coherent risk measures in inventory problems
• A risk-averse newsvendor with law invariant coherent measures of risk
• Would a risk-averse newsvendor order less at a higher selling price?
• Technical Note—A Risk-Averse Newsvendor Model Under the CVaR Criterion
• Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence
• Risk Aversion in Inventory Management
• SUPPLY CHAIN COORDINATION WITH CVaR CRITERION
• The Newsboy Problem under Alternative Optimization Objectives
• Inventory Control with an Exponential Utility Criterion
• A Note on the Newsboy Problem with an Emergency Supply Option
• The Risk-Averse (and Prudent) Newsboy

This page was built for publication: Optimal decisions when balancing expected profit and conditional value-at-risk in newsvendor models