标题:On-line batch order strategies designs in risk-reward frameworks
作者:Ding, Lili ;Zhang, Bo ;LIU, Xinmin
作者机构:[Ding, Lili ;Zhang, Bo ;LIU, Xinmin ] School of Management, Shandong University of Science and Technology, Qingdao; 266590, China;[Ding, Lili ] School 更多
来源:Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice
出版年:2016
卷:36
期:5
页码:1261-1267
DOI:10.12011/1000-6788(2016)05-1261-07
摘要:The paper studies a class of online batch ordering problems without knowing purchasing price. It extends the risk aversion hypothesis about the decision-maker in the previous studies and give the batch order policy based on the risk preference. Firstly, the paper builds two risk-reward frameworks about different expectations to help making decision. Furthermore, several on-line batch order strategies based on the risk tolerance and different expectations are designed. Finally, it states the relationship between different risk tolerances, expectations and the batch order policies by the numerical examples. It hopes to provide a new method to solve inventory problems with incomplete information and enrich the present inventory theories.
© 2016, Editorial Board of Journal of Systems Engineering Society of China. All right reserved.
收录类别:EI
资源类型:期刊论文
TOP