Xinsheng, Xu; Zhiqing, Meng; Rui, Shen; Min, Jiang; Ping, Ji - In: International Journal of Production Economics 164 (2015) C, pp. 146-159
Most of the existing literature about the newsvendor problem mainly focused on choosing an optimal order quantity to maximize the expected profit of a risk-neutral newsvendor. However, some studies pointed out that in practice managers׳ decisions as to order quantities always deviate from the...