Fairness in selling to the newsvendor
WebAbstract: Previous studies assume that the decision makers under supply chain contracting built on the newsvendor problem have by-expectation fairness concerns, that is, an aversion to the inequality of expected profits. WebOct 10, 2012 · Abstract. TThis paper studies the impact of fairness concerns on supply chain performance (SCP) in the two-party newsvendor setting. We extend prior fairness …
Fairness in selling to the newsvendor
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WebJul 14, 2016 · If there are leftover papers at the end of the day, he can sell them back to the publisher for a salvage value of 𝑣 dollars (with 𝑣<𝑐 , otherwise the newsvendor can buy inventory risk-free).
WebXiaole Wu & Julie A. Niederhoff, 2014. " Fairness in Selling to the Newsvendor ," Production and Operations Management, Production and Operations Management … WebOct 10, 2012 · Request PDF Fairness in Selling to the Newsvendor This paper studies the impact of fairness concerns on supply chain performance in the two-party …
WebDec 21, 2024 · The newsvendor model is a model used to determine the optimal inventory levels in operations management and applied economic applications. The assumptions for this problem usually include fixed prices and uncertain demands for perishable products with limited availability. WebThe newsvendor (or newsboy or single-period or salvageable) model is a mathematical model in operations management and applied economics used to determine optimal …
WebStudy with Quizlet and memorize flashcards containing terms like When should the newsvendor model be used? a. Stockout cost information is not available b. There is a limited selling season c. Lead times are negligible d. Demand is constant e. All of the above, In which of the following instances might the newsvendor model be applicable? …
WebJun 1, 2016 · We show that when channel members are concerned about fairness, a simple wholesale price can coordinate the whole supply chain within certain range of fairness parameters. This research extends... pallavi sharda my name is khanWebMay 1, 1995 · Fairness in Selling to the Newsvendor. SSRN Electronic Journal. The Effect of Risk Aversion on Manufacturer Advertising in a Two-Stage Supply Chain. Transportation Journal, Vol. 51, No. 1. Newsvendor Models with Alternative Risk Preferences Within Expected Utility Theory and Prospect Theory Frameworks. sum of row elements in cWebSep 1, 2015 · Each newsvendor aims to maximize his expected utility instead of his expected profit. Assuming a general form of risk-averse utility function, we prove that there exists a pure Nash equilibrium in this game, and it is also unique under certain conditions. We find that… View via Publisher archive.ymsc.tsinghua.edu.cn Save to Library Create … sum of row in pythonWebMar 1, 2024 · Sections 4 Fairness-neutral supplier selling to fairness-minded retailer, ... As a solid step to incorporate by-state fairness into the selling-to-a-newsvendor model, our work can be easily extended in the future. First, given that the concern for by-state … pallavi south actressWebDec 21, 2015 · Selling to the newsvendor through debt-shared bank financing. European Journal of Operational Research, Vol. 296, No. 1. ... Joint Decision-Making and the Coordination of a Sustainable Supply Chain in the Context of Carbon Tax Regulation and Fairness Concerns. pallavi school hyderabadWebThis paper studies the impact of fairness concerns on supply chain performance (SCP) in the two-party newsvendor setting. We extend prior fairness analysis to a wide range of … pallavi spa clearwater beachWebMar 29, 2024 · By-state fairness in selling to the newsvendor Previous studies assume that the decision makers under supply chain contracting built on the newsvendor problem have by-expectation fairness concerns, that is, an … sum of row in sql