The Single-Period Inventory Model with Spectral Risk Measures

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis The Single-Period Inventory Model with Spectral Risk Measures by : Johannes Fichtinger

Download or read book The Single-Period Inventory Model with Spectral Risk Measures written by Johannes Fichtinger and published by . This book was released on 2012 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory management and pricing decisions based on quantitative models both in industrial practice and academic works often rely on minimizing expected cost, which refers to the concept of risk-neutrality of the decision maker. Although many useful insights in operational problems can be obtained by such an approach, it is well understood that incorporating attitudes toward risk is an important lever for building new theories in other fields such as economics and finance. In this work spectral risk measures are applied to the price-setting newsvendor problem and optimal policies are derived. This allows to unify results obtained so far in the literature under the common concept of spectral risk measures for the case of zero and non-zero shortage penalty cost.

Handbook of Newsvendor Problems

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Publisher : Springer Science & Business Media
ISBN 13 : 1461436001
Total Pages : 386 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Handbook of Newsvendor Problems by : Tsan-Ming Choi

Download or read book Handbook of Newsvendor Problems written by Tsan-Ming Choi and published by Springer Science & Business Media. This book was released on 2012-06-09 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a fundamental problem in stochastic inventory control, the newsvendor problem has been studied since the 18th century in the economic literature, and has been widely used to analyze supply chains in fashion and seasonal product industries. Since the 1950s, the newsvendor problem has been extensively studied in operations research and extended to model a variety of real-life problems. The simplest and most elementary version of the newsvendor problem is an optimal stocking problem in which a newsvendor needs to decide how many newspapers to order for future demand, where the future demand is uncertain and follows a stationary distribution. Research in this area has greatly increased over the last few years, and now the Handbook of Newsvendor Problems: Models, Extensions and Applications captures the state of the art. The handbook consists of two sections -- Models and Extensions, and Applications. Each section includes many interesting works in the respective domain. Section I presents papers on topics like the multi-product newsvendor problems; the newsvendor problem with law invariant coherent measures of risk; a Copula approach to inventory pooling problems with newsvendor products; repeated newsvendor games with transshipments; cooperative newsvendor games; an economic interpretation for the price-setting newsvendor problem; newsvendor models with alternative risk preferences within expected utility theory and prospect theory frameworks; and newsvendor problems with VaR and CVaR consideration. Section II presents papers on such topics as a two-period newsvendor problem for closed-loop supply chain analysis; the remanufacturing newsvendor problem; inventory centralization in a newsvendor setting when shortage costs differ; production planning on an unreliable machine for multiple items; analysis of the newsvendor problem under carbon emissions policies; optimal decisions of the manufacturer and distributor in a fresh product supply chain involving long distance transportation; a newsvendor perspective on profit target setting for multiple divisions; and a portfolio approach to multi-product newsvendor problem with budget constraint. This well-balanced handbook presents a wealth of theoretical results from different perspectives. With contributions from many of the leading researchers in the field, the Handbook of Newsvendor Problems: Models, Extensions and Applications is a timely addition to the literature and consolidates all the new and exciting works related to the newsvendor problem into one high quality source.

Applications of Management Science

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Publisher : Emerald Group Publishing
ISBN 13 : 1838670009
Total Pages : 256 pages
Book Rating : 4.8/5 (386 download)

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Book Synopsis Applications of Management Science by : Kenneth D. Lawrence

Download or read book Applications of Management Science written by Kenneth D. Lawrence and published by Emerald Group Publishing. This book was released on 2020-09-11 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 20 of Applications of Management Science focuses on the application of management science methodologies, data envelopment analysis and multi-criteria decision making.

Disruptive Change and the Capital Markets

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Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3111045234
Total Pages : 320 pages
Book Rating : 4.1/5 (11 download)

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Book Synopsis Disruptive Change and the Capital Markets by : Marius Fischer

Download or read book Disruptive Change and the Capital Markets written by Marius Fischer and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-04-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The risk-based approach to capital markets regulation is in crisis. Climate change, shifting demographics, geopolitical conflicts and other environmental discontinuities threaten established business models and shorten the life spans of listed companies. The current rules for periodic disclosure in the EU fail to inform market participants adequately. Unlike risks, uncertainties are unquantifiable or may only be quantified at great cost, causing them to be insufficiently reflected in periodic reports. This is unfortunate, given the pivotal role capital markets must play in the economy’s adaptation to environmental discontinuities. It is only with a reformed framework for periodic disclosure, that gradual and orderly adaptation to these discontinuities appears feasible. To ensure orderly market adaptation, a new reporting format is required: scenario analysis should be integrated into the European framework for periodic disclosure.

Methods and Applications of Statistics in Business, Finance, and Management Science

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Publisher : John Wiley & Sons
ISBN 13 : 0470405104
Total Pages : 735 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Methods and Applications of Statistics in Business, Finance, and Management Science by : Narayanaswamy Balakrishnan

Download or read book Methods and Applications of Statistics in Business, Finance, and Management Science written by Narayanaswamy Balakrishnan and published by John Wiley & Sons. This book was released on 2010-07-13 with total page 735 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by the Encyclopedia of Statistical Sciences, Second Edition, this volume presents the tools and techniques that are essential for carrying out best practices in the modern business world The collection and analysis of quantitative data drives some of the most important conclusions that are drawn in today's business world, such as the preferences of a customer base, the quality of manufactured products, the marketing of products, and the availability of financial resources. As a result, it is essential for individuals working in this environment to have the knowledge and skills to interpret and use statistical techniques in various scenarios. Addressing this need, Methods and Applications of Statistics in Business, Finance, and Management Science serves as a single, one-of-a-kind resource that guides readers through the use of common statistical practices by presenting real-world applications from the fields of business, economics, finance, operations research, and management science. Uniting established literature with the latest research, this volume features classic articles from the acclaimed Encyclopedia of Statistical Sciences, Second Edition along with brand-new contributions written by today's leading academics and practitioners. The result is a compilation that explores classic methodology and new topics, including: Analytical methods for risk management Statistical modeling for online auctions Ranking and selection in mutual funds Uses of Black-Scholes formula in finance Data mining in prediction markets From auditing and marketing to stock market price indices and banking, the presented literature sheds light on the use of quantitative methods in research relating to common financial applications. In addition, the book supplies insight on common uses of statistical techniques such as Bayesian methods, optimization, simulation, forecasting, mathematical modeling, financial time series, and data mining in modern research. Providing a blend of traditional methodology and the latest research, Methods and Applications of Statistics in Business, Finance, and Management Science is an excellent reference for researchers, managers, consultants, and students in the fields of business, management science, operations research, supply chain management, mathematical finance, and economics who must understand statistical literature and carry out quantitative practices to make smart business decisions in their everyday work.

Stochastic Programming

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Publisher : Springer Science & Business Media
ISBN 13 : 1441916423
Total Pages : 373 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Stochastic Programming by : Gerd Infanger

Download or read book Stochastic Programming written by Gerd Infanger and published by Springer Science & Business Media. This book was released on 2010-11-10 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Preface... The preparation of this book started in 2004, when George B. Dantzig and I, following a long-standing invitation by Fred Hillier to contribute a volume to his International Series in Operations Research and Management Science, decided finally to go ahead with editing a volume on stochastic programming. The field of stochastic programming (also referred to as optimization under uncertainty or planning under uncertainty) had advanced significantly in the last two decades, both theoretically and in practice. George Dantzig and I felt that it would be valuable to showcase some of these advances and to present what one might call the state-of- the-art of the field to a broader audience. We invited researchers whom we considered to be leading experts in various specialties of the field, including a few representatives of promising developments in the making, to write a chapter for the volume. Unfortunately, to the great loss of all of us, George Dantzig passed away on May 13, 2005. Encouraged by many colleagues, I decided to continue with the book and edit it as a volume dedicated to George Dantzig. Management Science published in 2005 a special volume featuring the “Ten most Influential Papers of the first 50 Years of Management Science.” George Dantzig’s original 1955 stochastic programming paper, “Linear Programming under Uncertainty,” was featured among these ten. Hearing about this, George Dantzig suggested that his 1955 paper be the first chapter of this book. The vision expressed in that paper gives an important scientific and historical perspective to the book. Gerd Infanger

Operations Research and Enterprise Systems

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Publisher : Springer Nature
ISBN 13 : 3030375846
Total Pages : 198 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Operations Research and Enterprise Systems by : Greg H. Parlier

Download or read book Operations Research and Enterprise Systems written by Greg H. Parlier and published by Springer Nature. This book was released on 2019-12-10 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes revised and selected papers from the 8th International Conference on Operations Research and Enterprise Systems, ICORES 2019, held in Prague, Czech Republic, in February 2019. The 9 extended and revised papers presented in this volume were carefully reviewed and selected from a total of 80 submissions. They were organized in topical sections named methodologies and technologies and applications.

Proceedings RMRS.

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ISBN 13 :
Total Pages : 548 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Proceedings RMRS. by :

Download or read book Proceedings RMRS. written by and published by . This book was released on 1998 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:

North American Science Symposium

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ISBN 13 :
Total Pages : 550 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis North American Science Symposium by :

Download or read book North American Science Symposium written by and published by . This book was released on 1999 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Landslide Science and Practice

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Publisher : Springer Science & Business Media
ISBN 13 : 3642313256
Total Pages : 587 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Landslide Science and Practice by : Claudio Margottini

Download or read book Landslide Science and Practice written by Claudio Margottini and published by Springer Science & Business Media. This book was released on 2013-08-15 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains peer-reviewed papers from the Second World Landslide Forum, organised by the International Consortium on Landslides (ICL), that took place in September 2011. The entire material from the conference has been split into seven volumes, this one is the first: 1. Landslide Inventory and Susceptibility and Hazard Zoning, 2. Early Warning, Instrumentation and Monitoring, 3. Spatial Analysis and Modelling, 4. Global Environmental Change, 5. Complex Environment, 6. Risk Assessment, Management and Mitigation, 7. Social and Economic Impact and Policies.

Comprehensive Dissertation Index

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Publisher :
ISBN 13 :
Total Pages : 1116 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Comprehensive Dissertation Index by :

Download or read book Comprehensive Dissertation Index written by and published by . This book was released on 1989 with total page 1116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures

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Publisher : CRC Press
ISBN 13 : 1315884887
Total Pages : 1112 pages
Book Rating : 4.3/5 (158 download)

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Book Synopsis Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures by : George Deodatis

Download or read book Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures written by George Deodatis and published by CRC Press. This book was released on 2014-02-10 with total page 1112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures contains the plenary lectures and papers presented at the 11th International Conference on STRUCTURAL SAFETY AND RELIABILITY (ICOSSAR2013, New York, NY, USA, 16-20 June 2013), and covers major aspects of safety, reliability, risk and life-cycle performance of str

Nuclear Science Abstracts

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Publisher :
ISBN 13 :
Total Pages : 1012 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Nuclear Science Abstracts by :

Download or read book Nuclear Science Abstracts written by and published by . This book was released on 1974-11 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Polycyclic Aromatic Hydrocarbons

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Publisher : Springer
ISBN 13 : 3662496801
Total Pages : 187 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Polycyclic Aromatic Hydrocarbons by : Huizhong Shen

Download or read book Polycyclic Aromatic Hydrocarbons written by Huizhong Shen and published by Springer. This book was released on 2016-03-26 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis presents a comprehensive analysis of the global health impacts of polycyclic aromatic hydrocarbons (PAHs) in ambient air, conducted on the basis of a high-resolution emission inventory, global chemical transport modeling, and probabilistic risk assessment. One of the main strengths of the thesis is the concentration downscaling process, which provides a linkage between emissions and exposure concentrations at a comparatively high resolution. Moreover, by focusing on individual susceptibility, the thesis proposes an instrumental revision of current risk assessment methodology and argues that, if individual susceptibility were not taken into consideration, the overall risk would be underestimated by 55% and the proportion of highly vulnerable populations would be underestimated by more than 90%.

Bridge Maintenance, Safety, Management, Resilience and Sustainability

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Publisher : CRC Press
ISBN 13 : 0203103386
Total Pages : 4119 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis Bridge Maintenance, Safety, Management, Resilience and Sustainability by : Fabio Biondini

Download or read book Bridge Maintenance, Safety, Management, Resilience and Sustainability written by Fabio Biondini and published by CRC Press. This book was released on 2012-06-21 with total page 4119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridge Maintenance, Safety, Management, Resilience and Sustainability contains the lectures and papers presented at The Sixth International Conference on Bridge Maintenance, Safety and Management (IABMAS 2012), held in Stresa, Lake Maggiore, Italy, 8-12 July, 2012. This volume consists of a book of extended abstracts (800 pp) Extensive collection of revised expert papers on recent advances in bridge maintenance, safety, management and life-cycle performance, representing a major contribution to the knowledge base of all areas of the field.

Commerce Business Daily

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Publisher :
ISBN 13 :
Total Pages : 1182 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Commerce Business Daily by :

Download or read book Commerce Business Daily written by and published by . This book was released on 1998-07 with total page 1182 pages. Available in PDF, EPUB and Kindle. Book excerpt:

U.S. Government Research & Development Reports

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Publisher :
ISBN 13 :
Total Pages : 1318 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis U.S. Government Research & Development Reports by :

Download or read book U.S. Government Research & Development Reports written by and published by . This book was released on 1965 with total page 1318 pages. Available in PDF, EPUB and Kindle. Book excerpt: