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COMMENT ON "OPTIMAL SHELF-SPACE STOCKING POLICY USING STOCHASTIC DOMINANCE UNDER SUPPLY-DRIVEN DEMAND UNCERTAINTY".

Authors :
Saffari, Mohammad
Source :
International Journal of Industrial Engineering. 2021, Vol. 28 Issue 4, p369-371. 3p.
Publication Year :
2021

Abstract

The paper authored by Amit et al. [Amit, R. K., Mehta, P., & Tripathi, R. R. "Optimal shelf-space stocking policy using stochastic dominance under supply-driven demand uncertainty", European Journal of Operational Research, 246(1), pp. 339-342 (2015)] proposes a newsvendor model in which demand depends on displayed inventory. Under stochastic dominance conditions, they claimed that the profit function is concave at its extremum points. In the present study, it is expressed that this statement is not generally precise. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10724761
Volume :
28
Issue :
4
Database :
Academic Search Index
Journal :
International Journal of Industrial Engineering
Publication Type :
Academic Journal
Accession number :
154188265