Xu, Xinsheng; Ji, Ping; Chan, Felix T. S. - In: Industrial Management & Data Systems 123 (2023) 3, pp. 1052-1072
Purpose Optimal ordering decision for a retailer in a dual-sourcing procurement is an important research area. The main …/methodology/approach For a loss-averse retailer, the study obtains the optimal ordering decision to maximize expected utility. Based on … sensitivity analysis, the properties of the optimal ordering decision are well discussed. Findings Under the optimal ordering …