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1、EuropeanJournalofOperationalResearch213(2011)361–374ContentslistsavailableatScienceDirectEuropeanJournalofOperationalResearchjournalhomepage:www.elsevier.com/locate/ejorInvitedReviewThenewsvendorproblem:Reviewanddirectionsforfutureresearchaaa,⇑bcYanQin,RuoxuanWang,AsooJ.Vakharia,YuwenChen,
2、MichelleM.H.SerefaDepartmentofInformationSystemsandOperationsManagement,WarringtonCollegeofBusinessAdministration,UniversityofFlorida,Gainesville,FL32611,UnitedStatesbUniversityofRhodeIsland,Kingston,RI02881,UnitedStatescVirginiaPolytechnicInstituteandStateUniversity,Blacksburg,VA24061-000
3、2,UnitedStatesarticleinfoabstractArticlehistory:Inthispaper,wereviewthecontributionstodateforanalyzingthenewsvendorproblem.OurfocusisonReceived16April2009examiningthespecificextensionsforanalyzingthisprobleminthecontextofmodelingcustomerAccepted20November2010demand,suppliercosts,andthebuyer
4、riskprofile.Morespecifically,weanalyzetheimpactofmarketAvailableonline16December2010price,marketingeffort,andstockingquantityoncustomerdemand;howsupplierpricescanserveasacoordinationmechanisminasupplychainsetting;integratingalternativesupplierpricingpolicieswithinKeywords:thenewsvendorframew
5、ork;andhowthebuyer’sriskprofilemoderatesthenewsvendororderquantityInventorydecision.Foreachoftheseareas,wesummarizethecurrentliteratureanddevelopextensions.Finally,weLogisticsalsoproposedirectionsforfutureresearch.SupplychainmanagementÓ2010ElsevierB.V.Allrightsreserved.1.IntroductionpxvQþ
6、gðQxÞifQPx;PðQ;xÞ¼ð1ÞpQvQBðxQÞifQ7、widerangingimplicationstionalapproachtoanalyzetheproblemisbasedonassumingaformanaginginventorydecisionsfororganizationsin,forexample,riskneutralbuyerwhomakestheoptimalquantitydecisionatthehospitality,airline,andfashiongoodsindustries.Agenericcon-thebeginningof
