Effects of supply reliability, risk aversion, and wealth on retailer’s optimal order strategy

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  • who: Retailer`s Optimal Order Strategy and colleagues from the School of Economics and Management, Chongqing Jiaotong University, Chongqi, China have published the Article: Effects of Supply Reliability, Risk Aversion, and Wealth on Retaileru2019s Optimal Order Strategy, in the Journal: Mathematical Problems in Engineering of 28/08/2022
  • what: The authors propose a more practical model of optimal ordering strategy, considering supply reliability, demand uncertainty, risk aversions, and retailer wealth, in which two random variables-supply reliability factors and demand-are introduced into the retailer`s function of expected utility. The authors examine the efect . . .

     

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