The Loss-averse Newsvendor Problem with a Service Requirement

  • Qian Zhou, Fei Zhao
  • Published 2010 in
    2010 International Conference on E-Business and E…

Abstract

In this paper, we discuss the loss-averse newsvendor problem. Firstly, we develop a basic model in which the service-level constraint is not considered. And we get the optimal order quantity and the optimal expected utility under the basic model. Then, we add a service-level constraint into the basic model. And we also get the unique optimal order quantity… (More)
DOI: 10.1109/ICEE.2010.869

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