1.

Record Nr.

UNINA9910720529403321

Autore

Fichtinger Johannes

Titolo

The single-period inventory model with spectral risk measures / / Johannes Fichtinger

Pubbl/distr/stampa

Frankfurt am Main : , : Peter Lang International Academic Publishing Group, , 2012

Descrizione fisica

1 online resource (viii, 124 pages) : illustrations

Collana

Forschungsergebnisse der Wirtschaftsuniversität Wien ; ; Band 49

Disciplina

658.787

Soggetti

Inventory control - Mathematical models

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

Inventory management and pricing decisions based on quantitative models both in industrial practice and academic works often rely on minimizing expected cost, which refers to the concept of risk-neutrality of the decision maker. In this title, spectral risk measures are applied to price-setting newsvendor problem and optimal policies are derived.