On the optimality conditions of a price-setting newsvendor problem

doi:10.1016/j.orl.2016.08.005

CORC > 上海财经大学 > 上海财经大学

	On the optimality conditions of a price-setting newsvendor problem
	Luo, Sirong 1; Sethi, Suresh P.2; Shi, Ruixia 3
刊名	OPERATIONS RESEARCH LETTERS
	2016-11
卷号	44 期号:6 页码:697-701
关键词	Inventory control Price-setting newsvendor Unimodality Elasticity
ISSN号	0167-6377
DOI	10.1016/j.orl.2016.08.005
英文摘要	We analyze a price-setting newsvendor problem with an additive-multiplicative demand. We show that the unimodality of the newsvendor profit function holds when the underlying random term has an increasing failure rate and the demand functions satisfy certain concavity conditions. Furthermore, we show that the optimal price decreases in the order quantity. Finally, we compare our optimality conditions with those existing in the literature. (C) 2016 Elsevier B.V. All rights reserved.
WOS研究方向	Operations Research & Management Science
语种	英语
出版者	ELSEVIER SCIENCE BV
WOS记录号	WOS:000389167500001
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/1175]
专题	上海财经大学
通讯作者	Shi, Ruixia
作者单位	1.Shanghai Univ Finance & Econ, Sch Stat & Management, Shanghai 200433, Peoples R China; 2.Univ Texas Dallas, Naveen Jindal Sch Management, Richardson, TX 75083 USA; 3.Univ San Diego, Sch Business, San Diego, CA 92110 USA
推荐引用方式 GB/T 7714	Luo, Sirong,Sethi, Suresh P.,Shi, Ruixia. On the optimality conditions of a price-setting newsvendor problem[J]. OPERATIONS RESEARCH LETTERS,2016,44(6):697-701.
APA	Luo, Sirong,Sethi, Suresh P.,&Shi, Ruixia.(2016).On the optimality conditions of a price-setting newsvendor problem.OPERATIONS RESEARCH LETTERS,44(6),697-701.
MLA	Luo, Sirong,et al."On the optimality conditions of a price-setting newsvendor problem".OPERATIONS RESEARCH LETTERS 44.6(2016):697-701.