Optimal inventory decisions for a risk-averse retailer when offering layaway

DOI10.1016/J.EJOR.2019.12.004MaRDI QIDQ2301945zbMATH OpenOpenAlexWikidataFDO

Authors D.-A. Wang, Stanko Dimitrov, Lirong Jian

Publication date 25 February 2020

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2019.12.004

zbMATH Keywords

conditional value-at-risk (CVaR)inventoryorder quantitylayawayrisk-averse retailer

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 2107836 (Why is no real title available?)
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• Pricing and the Newsvendor Problem: A Review with Extensions
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
• Risk Aversion in Inventory Management
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• Single and multi-period optimal inventory control models with risk-averse constraints
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• The Risk-Averse (and Prudent) Newsboy
• The effect of supply uncertainty in price-setting newsvendor models
• The impact of consumer returns policies on consignment contracts with inventory control
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• The multi-item newsvendor problem with a budget constraint and fixed ordering costs
• The multi-product newsboy problem with supplier quantity discounts and a budget constraint
• Using separable programming to solve the multi-product multiple ex-ante constraint newsvendor problem and extensions

Cited in

(3)

• Online-Retail Supply Chain Optimization with Credit Period and Selling Price-Dependent Demand
• Mean-variance analysis of wholesale price contracts with a capital-constrained retailer: trade credit financing vs. bank credit financing
• Optimum operational schedule and accounts receivable financing in a production supply chain considering hierarchical industrial status and uncertain yield

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