摘要
Weconsideranewsvendorproblemwithprice-dependentdemand,ineitheradditiveormultiplicativeformat.Thenewsvendorhastwomodesofpurchasing:regularorderingatthebeginningofthesellingseasonandemergencyordering(iftherealizeddemandexceedstheinitialorderquantity)attheendofthesellingseason.Bystochasticcomparisons,wesystematicallyinvestigatetheeffectsofdemandmagnitudeanddemandrandomnessonpricingandorderingquantitydecisionsaswellasexpectedprofitofthenewsvendor,underbothusualstochasticorder(firstorderstochasticdominance)andconvexorder(lessvariable).Ourkeyfindingsinclude:(i)incontrarytothecasewherepriceisexogenous,astochasticallylargerdemandshockmayevenleadtoalowerorderquantity;(ii)astochasticallylargerdemandshockleadstoahigherpricefortheadditivedemandcase,butmayleadtoalowerpriceforthemultiplicativedemandcase;(iii)astochasticallylargerdemandshockleadstoahigherexpectedprofitforbothdemandmodels;(iv)ingeneral,alessvariabledemandleadstoahigherexpectedprofitforbothdemandmodels;andfurthermore,alessvariabledemandshockhasnoeffectonpricefortheadditivedemandmodel,butleadstoahigherpriceforthemultiplicativedemandmodel.Theimplicationsofallthesefindingsforpricingandorderquantityarediscussedindetail.
出版日期
2013年04月14日（中国期刊网平台首次上网日期，不代表论文的发表时间）
