Back to Search
Start Over
Price uncertainty and the effect of capital costs in a point in-point out inventory investment
- Source :
- Managerial & Decision Economics. Sept-Oct, 1992, Vol. 13 Issue 5, p389, 9 p.
- Publication Year :
- 1992
-
Abstract
- A study was conducted to analyze point in-point out inventory investment under price uncertainty. The study assumes that optimal quantity is reached when investors maximize their risk preference's expected value. An exponential risk preference function is applied in examining optimal quantity adjustment based on interest rate variation. Results show that adjustment is conditioned by profit and price distribution schemes.
Details
- ISSN :
- 01436570
- Volume :
- 13
- Issue :
- 5
- Database :
- Gale General OneFile
- Journal :
- Managerial & Decision Economics
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.13666578