The classical newsvendor problem decides the optimal order quantity for a single period, with the assumptions that the selling price and the end of period salvage value are fixed. However, the salvage value or clearance price in many instances depends on the leftover inventory. A fixed salvage...

We investigate the risk-averse supply chain comprising one supplier and one retailer with mean-variance objective function. We derive a general optimality condition that holds for an integrated supply chain as well as a decentralized one, for channel coordinating contracts like buyback and...