Back to Search
Start Over
COMMENT ON "OPTIMAL SHELF-SPACE STOCKING POLICY USING STOCHASTIC DOMINANCE UNDER SUPPLY-DRIVEN DEMAND UNCERTAINTY".
- 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]
- Subjects :
- *NEWSVENDOR model
*STOCHASTIC dominance
*OPERATIONS research
*CONCAVE functions
Subjects
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