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Single period, single product newsvendor model with random supply shock

文献类型：期刊论文

作者Liu, K; Li, JA; Lai, KK
刊名EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
出版日期2004-11-01
卷号158期号:3页码:609-625
关键词inventory counterfeit shock checking rate
ISSN号0377-2217
DOI10.1016/S0377-2217(03)00382-5
英文摘要In order to investigate the efficiency of policies made by the industrial administration office (IAO for short) so as to keep market order, the authors propose a shocked inventory model of one product with both genuine and counterfeit qualities. The checking policies made by the IAO are considered to be a random shock for the inventory model by examination of the qualities of the products, which will expropriate the counterfeit products. The paper makes two contributions. First, while discussing several conditions, the authors provide a basic theory, which is a kind of extension of the newsvendor problem, and prove some properties of the optimal policies for the shocked inventory model with a fixed random checking rate. Second, the authors give some recommendations as to how the IAO can formulate its checking policies. An example demonstrates the relationship between checking policies and optimal inventory policies. (C) 2003 Elsevier B.V. All rights reserved.
WOS研究方向Business & Economics ; Operations Research & Management Science
语种英语
WOS记录号WOS:000222368700007
出版者ELSEVIER SCIENCE BV
源URL[http://ir.amss.ac.cn/handle/2S8OKBNM/19759]  
专题应用数学研究所
通讯作者Lai, KK
作者单位1.City Univ Hong Kong, Dept Management Sci, Kowloon, Hong Kong, Peoples R China
2.Chinese Acad Sci, Inst Appl Math, Acad Math & Syst Sci, Beijing 100080, Peoples R China
推荐引用方式
GB/T 7714		 Liu, K,Li, JA,Lai, KK. Single period, single product newsvendor model with random supply shock[J]. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH,2004,158(3):609-625.
APA Liu, K,Li, JA,&Lai, KK.(2004).Single period, single product newsvendor model with random supply shock.EUROPEAN JOURNAL OF OPERATIONAL RESEARCH,158(3),609-625.
MLA Liu, K,et al."Single period, single product newsvendor model with random supply shock".EUROPEAN JOURNAL OF OPERATIONAL RESEARCH 158.3(2004):609-625.

入库方式： OAI收割

来源：数学与系统科学研究院

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