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