Inventory Control with an Exponential Utility Criterion

Mokrane Bouakiz
Mokrane Bouakiz
AT&T, Basking Ridge, New Jersey
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,
Matthew J. Sobel
Matthew J. Sobel
State University of New York, Stony Brook, New York
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Mokrane Bouakiz

AT&T, Basking Ridge, New Jersey

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Matthew J. Sobel

State University of New York, Stony Brook, New York

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Published Online:1 Jun 1992https://doi.org/10.1287/opre.40.3.603

Abstract

A base-stock policy is shown to be optimal when a dynamic version of the “news vendor” model is optimized with respect to an exponential utility criterion.

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Volume 40, Issue 3

May-June 1992

Pages 423-625

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Published Online:June 01, 1992

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Mokrane Bouakiz, Matthew J. Sobel, (1992) Inventory Control with an Exponential Utility Criterion. Operations Research 40(3):603-608.

https://doi.org/10.1287/opre.40.3.603

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Inventory Control with an Exponential Utility Criterion

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Volume 40, Issue 3

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