Inventory Control with an Exponential Utility Criterion

DOI10.1287/opre.40.3.603zbMath0764.90022MaRDI QIDQ4017091

M. Bouakiz, Matthew J. Sobel

Publication date: 16 January 1993

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.40.3.603

zbMATH Keywords

uncertainty; base-stock policy; exponential utility criterion; risk-sensitive inventory model

Mathematics Subject Classification ID

90B05: Inventory, storage, reservoirs

93E03: Stochastic systems in control theory (general)

Related Items

Optimal Procurement Strategies for a Risk-Averse Buyer When Price Is Uncertain, Risk analysis of a pay to delay capacity reservation contract, Loss-averse inventory and borrowing decisions with constraints on working capital in fashion and textiles industry, Joint optimal ordering and weather hedging decisions: mean-CVaR model, The newsvendor problem: review and directions for future research, Optimal decisions when balancing expected profit and conditional value-at-risk in newsvendor models, Coherent risk measures in inventory problems, The newsstand problem: A capacitated multiple-product single-period inventory problem, Reordering strategies for a newsboy-type product, Risk-sensitive dynamic market share attraction games, Inventory centralization with risk-averse newsvendors, A risk-averse inventory model with Markovian purchasing costs, Monotone trends in inventory-price control under time-consistent coherent risk measure, The risk-averse newsvendor problem under spectral risk measures: a classification with extensions, A multi-product continuous review inventory system with stochastic demand, backorders, and a budget constraint, Mathematical modeling for risk averse firm facing loss averse customer's stochastic uncertainty, On sales effort and pricing decisions under alternative risk criteria, A consumption and investment problem via a Markov decision processes approach with random horizon, Transferring and sharing exchange-rate risk in a risk-averse supply chain of a multinational firm, A multi-product risk-averse newsvendor with exponential utility function, Mean-variance analysis of the newsvendor problem with price-dependent, isoelastic demand, Interdependent demand in the two-period newsvendor problem, Risk-sensitive capacity control in revenue management, SUPPLY CHAIN COORDINATION WITH CVaR CRITERION