The Pandemic-Type Demand Shocks in the Mean-Variance Newsvendor Problem

• Autorzy: Bieniek Milena

Identyfikatory

DOI

10.24425/mper.2022.140876

• Języki publikacji: EN

Abstrakty

EN

The paper considers the negative pandemic-type demand shocks in the mean-variance newsvendor problem. It extends the previous results to investigate the case when the actual additive demand may attain negative values due to high prices or considerable, negative demand shocks. The results indicate that the general optimal solution may differ to the solution corresponding exclusively to the non-negative realizations of demand.

Słowa kluczowe

EN

production planning; production control; inventory; newsvendor; pricing; stochastic additive demand

• Wydawca: Production Engineering Committee of the Polish Academy of Sciences ; Polish Association for Production Management
• Czasopismo: Management and Production Engineering Review
• Rocznik: 2022
• Tom: Vol. 13, No. 1
• Strony: 52--61
• Opis fizyczny: Bibliogr. 32 poz., rys., wykr.

Twórcy

autor

Bieniek Milena

• Faculty of Economics, Management and Quality Sciences Institute, Maria Curie-Sklodowska University, Plac Marii Curie-Sklodowskiej 5, 20-031 Lublin, Poland

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023)