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- W2377396986 abstract "To study optimization and coordination of vendor managed inventory(VMI)contract under stochastic demand,in which both supplier and retailer have risk averse characteristics,this paper establishes the conditional value at risk(CVaR)model based on negative returns and the model of optimal order and supply quantity based on CVaR through adopting revenue-sharing contract and CVaR theory,and achieves perfect coordination between VMI supply chain and its members,develops VMI contract model with risk aversion,which reveals the intrinsic relationships among the supplier and retailer risk aversion levels(βs,βr),the unit holding cost ratio(C),the unit revenue-sharing ratio(r),and the unit remaining compensation ratio(λ)when VMI supply chain is in perfect coordination." @default.
- W2377396986 created "2016-06-24" @default.
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- W2377396986 date "2015-01-01" @default.
- W2377396986 modified "2023-09-27" @default.
- W2377396986 title "Vendor Managed Inventory Contract Model with Risk Averse" @default.
- W2377396986 hasPublicationYear "2015" @default.
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