Perlman, Y; Ozinci, Y - In: Journal of the Operational Research Society 65 (2014) 5, pp. 685-693
We consider a single retailer with a given potential revenue, who sells a product that is subject to shoplifting. In order to decrease losses due to shoplifting and to maximize his profit, the retailer can invest in security measures. In particular, we assume that the retailer purchases security...