Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
|
Buy Now
Handbook of Newsvendor Problems - Models, Extensions and Applications (Hardcover, 2012 ed.)
Loot Price: R2,848
Discovery Miles 28 480
|
|
Handbook of Newsvendor Problems - Models, Extensions and Applications (Hardcover, 2012 ed.)
Series: International Series in Operations Research & Management Science, 176
Expected to ship within 10 - 15 working days
|
As a fundamental problem in stochastic inventory control, the
newsvendor problem has been studied since the 18th century in the
economic literature, and has been widely used to analyze supply
chains in fashion and seasonal product industries. Since the 1950s,
the newsvendor problem has been extensively studied in operations
research and extended to model a variety of real-life problems. The
simplest and most elementary version of the newsvendor problem is
an optimal stocking problem in which a newsvendor needs to decide
how many newspapers to order for future demand, where the future
demand is uncertain and follows a stationary distribution. Research
in this area has greatly increased over the last few years, and now
the Handbook of Newsvendor Problems: Models, Extensions and
Applications captures the state of the art. The handbook consists
of two sections -- Models and Extensions, and Applications. Each
section includes many interesting works in the respective domain.
Section I presents papers on topics like the multi-product
newsvendor problems; the newsvendor problem with law invariant
coherent measures of risk; a Copula approach to inventory pooling
problems with newsvendor products; repeated newsvendor games with
transshipments; cooperative newsvendor games; an economic
interpretation for the price-setting newsvendor problem; newsvendor
models with alternative risk preferences within expected utility
theory and prospect theory frameworks; and newsvendor problems with
VaR and CVaR consideration. Section II presents papers on such
topics as a two-period newsvendor problem for closed-loop supply
chain analysis; the remanufacturing newsvendor problem; inventory
centralization in a newsvendor setting when shortage costs differ;
production planning on an unreliable machine for multiple items;
analysis of the newsvendor problem under carbon emissions policies;
optimal decisions of the manufacturer and distributor in a fresh
product supply chain involving long distance transportation; a
newsvendor perspective on profit target setting for multiple
divisions; and a portfolio approach to multi-product newsvendor
problem with budget constraint. This well-balanced handbook
presents a wealth of theoretical results from different
perspectives. With contributions from many of the leading
researchers in the field, the Handbook of Newsvendor Problems:
Models, Extensions and Applications is a timely addition to the
literature and consolidates all the new and exciting works related
to the newsvendor problem into one high quality source.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.