Single-period inventory model with spectral risk measures, the
Auteur :
Fichtinger, Johannes
Éditeur :
Peter Lang AG
ISBN :
9783631615737
Date de publication :
25 nov. 2011
Dimensions :
21,0 x 14,8 cm
Poids :
280 g
Langue :
Anglais
Pays d'origine :
Suisse
Inventory management and pricing decisions based on quantitative models both in industrial practice and academic works often rely on minimizing expected cost, which refers to the concept of risk-neutrality of the decision maker. In this title, spectral risk measures are applied to price-setting newsvendor problem and optimal policies are derived.