The Impact of a Target on Newsvendor Decisions

Goal achieving is a commonly observed phenomenon in practice, and it plays an important role in decision making. In this paper, we investigate the impact of a target on newsvendor decisions. We take into account the risk and model the effect of a target by maximizing the satisficing measure of a new...

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Bibliographic Details
Main Authors: Chen, Lucy Gongtao, Long, Daniel Zhuoyu, Perakis, Georgia
Other Authors: Sloan School of Management
Format: Article
Language:en_US
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2015
Online Access:http://hdl.handle.net/1721.1/99491
https://orcid.org/0000-0002-0888-9030