Decision-making strategies in supply chain management with a waste-averse and stockout-averse manufacturer
نویسندگان
چکیده
منابع مشابه
Channel Coordination for a Supply Chain with a Risk-Neutral Manufacturer and a Loss-Averse Retailer
This article considers a decentralized supply chain in which a single manufacturer is selling a perishable product to a single retailer facing uncertain demand. It differs from traditional supply chain contract models in two ways. First, while traditional supply chain models are based on risk neutrality, this article takes the viewpoint of behavioral principal–agency theory and assumes the manu...
متن کاملRisk-averse decision making in overbooking problem
Huachun Xiong, Jinxing Xie, Xiaoxue Deng Department of Mathematical Sciences, Tsinghua University, Beijing 100084, China Abstract Traditional literature studying overbooking problems focuses on risk-neutral decision makers. In this paper, we propose a multi-period overbooking model incorporating risk-aversion and extend well-known structural results (the 3-region policy) under the risk-neutral ...
متن کاملCoordination of a Supply Chain with Risk-Averse Agents
The extant supply chain management literature has not addressed the issue of coordination in supply chains involving risk-averse agents. We take up this issue and begin with defining a coordinating contract as one that results in a Pareto-optimal solution acceptable to each agent. Our definition generalizes the standard one in the risk-neutral case. We then develop coordinating contracts in thr...
متن کاملRisk averse decision making under catastrophic risk
A nonstandard probabilistic setting for modeling of the risk of catastrophic events is presented. It allows random variables to take on infinitely large negative values with non-zero probability, which corresponds to catastrophic consequences unmeasurable in monetary terms, e.g. loss of human lives. Thanks to this extension, the safety-first principle is proved to be consistent with traditional...
متن کاملUncertain pricing decision problem in closed-loop supply chain with risk-averse retailer
*Correspondence: [email protected] School of Economics and Management, Tongji University, Siping Road, 200092 Shanghai, China Abstract This paper considers a pricing and remanufacturing problem in closed-loop supply chain which includes one dominant manufacturer and one retailer under uncertain environment. The remanufacturing cost, market demand, and collection cost are characterized as unce...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Advances in Production Engineering & Management
سال: 2018
ISSN: 1854-6250,1855-6531
DOI: 10.14743/apem2018.3.295