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- W2034493229 abstract "We show that under a set of conditions, both the maximal profit function and the objective function in several lost-sales inventory models with fixed costs are quasiconcave. Not only is the quasiconcavity property useful computationally, it also leads to a sharper characterization of the optimal policies. Neither the proof of the quasiconcavity property itself nor the proof of the optimal policies by using the property requires the machinery of K-concavity or any of its K-related extensions, and hence they are intuitively appealing." @default.
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- W2034493229 date "2012-04-01" @default.
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- W2034493229 title "Technical Note—On the Quasiconcavity of Lost-Sales Inventory Models with Fixed Costs" @default.
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- W2034493229 doi "https://doi.org/10.1287/opre.1110.1034" @default.
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