Parcourir par sujet "Newsvendors"

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Newsvendor models with random supply capacity and backup sourcing

Papachristos I., Pandelis D.G. (2022)

We consider newsvendor models with a primary supplier whose production is subject to random capacity. In order to hedge against this supply risk the retailer contracts with a reliable backup supplier to reserve capacity ...
Optimal supplier inventory control policies when buyer purchase incidence is driven by past service

Liberopoulos G., Deligiannis M. (2022)

A buyer exposed to a stockout may lose goodwill and be less inclined to select the same supplier in his next procurement. Reversely, an in-stock experience may restore the supplier's prospect of being selected in the future. ...