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A bilevel optimization model for the newsvendor problem with the focus theory of choice |
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| Authors: | Zhu Xide Li Kevin W. Guo Peijun |
| Affiliation: | 1.School of Management, Shanghai University, Shanghai, 200444, China ;2.Odette School of Business, University of Windsor, Windsor, Ontario, N9B 3P4, Canada ;3.Faculty of Business Administration, Yokohama National University, 79-4 Tokiwadai, Hodogaya-ku, Yokohama, 240-8501, Japan ; |
| Abstract: | 4OR - The newsvendor problem is formulated with the focus theory of choice in which instead of using the expected utility in the existing approaches, the optimal order quantity is determined as per... |
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