A SINGLE-PERIOD INVENTORY SYSTEM WITH A GENERAL S-SHAPED UTILITY AND EXPONENTIAL DEMAND

被引：8

作者：

Geng, Wei ^{[1
]}

Zhao, Xiaobo ^{[1
]}

Gao, Deng ^{[1
]}

机构：

[1] Tsinghua Univ, Dept Ind Engn, Beijing 100084, Peoples R China

来源：

JOURNAL OF SYSTEMS SCIENCE AND SYSTEMS ENGINEERING | 2010年 / 19卷 / 02期

关键词：

Inventory; S-shaped utility function; order-up-to policy; AVERSE NEWSVENDOR PROBLEM; PROSPECT-THEORY; RISK-AVERSE; DECISION;

D O I：

10.1007/s11518-010-5128-8

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

We discuss a single-period inventory system with a general S-shaped utility function and exponential demand. It is shown that there exists a state-dependent order-up-to policy to be optimal. Behaviors of optimal policy are illustrated by a numerical example.

引用

页码：227 / 236

页数：10

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