The stochastic ordering of mean-preserving transformations and its applications

DOI10.1016/j.ejor.2014.06.017zbMath1339.90041MaRDI QIDQ297411

Zhengping Wu, Wanshan Zhu

Publication date: 27 June 2016

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2014.06.017

zbMATH Keywords

inventory management; uncertainty modeling; mean-preserving transformation; procurement risk management; stochastic variability

Mathematics Subject Classification ID

60E15: Inequalities; stochastic orderings

62P05: Applications of statistics to actuarial sciences and financial mathematics

90C15: Stochastic programming

90B05: Inventory, storage, reservoirs

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Stochastic Monotonicity of the Mean-CVaRs and Their Applications to Inventory Systems with Stockout Cost: A Transformation Approach

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