Working Capital-constrained Newsvendor Model with Risk-averse Attitude and Bankruptcy Threshold

摘要：

　　We consider a simple supply chain with one retailer and one supplier.The retailer is working capital constrained and in need of financing.He faces uncertain demand and has a single opportunity to order production from supplier.We introduce bankruptcy threshold and explore retailers optimal ordering strategy under bi-objective programming framework.We show that the change of risk attitude and wealth status have significant impact on the working capital-constrained retailers optimal ordering strategy.

关键词： Working Capital-constrained Risk-averse Bankruptcy threshold Mean-variance Bi-objective programming

作者: Chen YANG Desheng WU Weiguo FANG

作者单位: School of Economics and Management,Beihang University,Beijing,100191,China School of Economics and Management,University of Chinese Academy of Sciences,Beijing,100190,China

会议类型: 国际会议

会议名称: The 2017 Service SystemEngineering Conference & 2017 Symposium on Analytics and Risk (SSEC&SAR 2017)(中国系统工程学会服务系统工程分会2017年年会暨2017年风险分析学术研讨会)

会议地点: 上海

会议语种:英文

页码: 274-278

在线出版日期: 2017-07-07（万方平台首次上网日期，不代表论文的发表时间）