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논문 기본 정보

자료유형
학술저널
저자정보
원유경 (군산대학교)
저널정보
한국경영과학회 한국경영과학회지 韓國經營科學會誌 第36卷 第3號
발행연도
2011.9
수록면
27 - 43 (17page)

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초록· 키워드

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This paper investigates properties of the newsvendor problem under a schedule involving progressive multiple discounts compared with the standard newsvendor problem under a no-discounts schedule. Unlike most conventional approaches using the criticial fractile to analyze the retailer and/or supplier behavior(s) in the newsvendor problem, our approach uses riskless profit. From the properties revealed through a series of computational experiments, two conjectures regarding the relationship between the expected profits of both newsvendor problems as a generalization over Khouja’s argument (1995) are raised. Those conjectures encourage newsvendors who may face budget or warehouse capacity restriction to use the extended model under a multiple-discounts schedule rather than the standard model with no-discounts schedule because they apply for every order quantity as well as the optimal order quantity. In addition to the conjectures, some insightful results are found to justify the implementation of a multiple-discounts schedule from the computational experiments and a new interpretation for implementation of a multiple-discounts schedule that has not been addressed in Khouja is provided.

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Abstract
1. Introduction
2. Newsvendor Problem under a No-Discounts Schedule
3. Newsvendor Problem under a Multiple Discounts Schedule
4. Insights and Conjectures from Computational Experiments
5. Conclusion
References
〈Appendix〉

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