Loss-averse newsvendor model under supply uncertainty with additive demand

被引：0
|
作者：
Ma, Lijun [1 ]
Li, Jingjing [1 ]
Qin, Guanglun [1 ]
Jiang, Xing [1 ]
机构：
[1] Shenzhen Univ, Coll Management, Shenzhen 518060, Peoples R China
来源：
2015 12TH INTERNATIONAL CONFERENCE ON SERVICE SYSTEMS AND SERVICE MANAGEMENT (ICSSSM) | 2015年
关键词：
newsvendor; loss-averse; supply uncertainty; additive demand;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
Based on the traditional newsvendor model, we study the production decisions for a loss-averse retailer under supply and additive demand uncertainties in a fashion supply chain. We demonstrate the existences of the optimal order quantity and price. With numerical study, we show that under the loss-averse behavior, the higher the loss-averse degree, the lower the optimal order quantity, the higher the optimal price. Moreover, we analyze the effect of other parameters on the retailer's optimal decisions.
引用
收藏
页数：4
相关论文
共 50 条
  • [21] Supply chain coordination with loss-averse retailer under yield and demand uncertainties
    Luo W.
    Liu W.
    Shao D.
    Jisuanji Jicheng Zhizao Xitong/Computer Integrated Manufacturing Systems, CIMS, 2016, 22 (12): : 2867 - 2874
  • [22] Coordinating a Supply Chain with a Loss-Averse Retailer under Yield and Demand Uncertainties
    Luo, Weiwei
    Shao, Dongguo
    Liu, Wei
    Wang, Zhuomin
    DISCRETE DYNAMICS IN NATURE AND SOCIETY, 2016, 2016
  • [23] On coordinating a loss-averse OEM supply chain with random supply and demand
    Ji, Huanyong (jihuanyong1986@126.com), 1600, Italian Association of Chemical Engineering - AIDIC (51):
  • [24] On Coordinating a Loss-Averse OEM Supply Chain with Random Supply and Demand
    Ji, Huanyong
    Lan, Chongfeng
    3RD INTERNATIONAL CONFERENCE ON APPLIED ENGINEERING, 2016, 51 : 667 - 672
  • [25] Coping with risk management and fill rate in the loss-averse newsvendor model
    Xu, Xinsheng
    Chan, Chi Kin
    Langevin, Andre
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2018, 195 : 296 - 310
  • [26] Performance in the supply chain with a loss-averse retailer with random demand
    Zhao, Han
    Song, Shiji
    Liao, Yu
    Yue, Fan
    Wang, Rui
    PROCEEDINGS OF THE 36TH CHINESE CONTROL CONFERENCE (CCC 2017), 2017, : 7547 - 7552
  • [27] Loss-averse preferences in a two-echelon supply chain with yield risk and demand uncertainty
    Du, Shaofu
    Zhu, Yujiao
    Nie, Tengfei
    Yu, Haisuo
    OPERATIONAL RESEARCH, 2018, 18 (02) : 361 - 388
  • [28] Hedging Risks in the Loss-Averse Newsvendor Problem with Backlogging
    Liu, Xiaoqing
    Chan, Felix T. S.
    Xu, Xinsheng
    MATHEMATICS, 2019, 7 (05)
  • [29] Coordinating a loss-averse newsvendor with vendor managed inventory
    Suo, HS
    Wang, JC
    Jin, YH
    2004 IEEE INTERNATIONAL CONFERENCE ON SYSTEMS, MAN & CYBERNETICS, VOLS 1-7, 2004, : 6026 - 6030
  • [30] Loss-averse preferences in a two-echelon supply chain with yield risk and demand uncertainty
    Shaofu Du
    Yujiao Zhu
    Tengfei Nie
    Haisuo Yu
    Operational Research, 2018, 18 : 361 - 388
12345