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Goal Setting in the Newsvendor Problem with Uniformly Distributed Demand

100%
Bieniek M.
Multiple Criteria Decision Making
|
2018
|
vol. 13
91-102
EN
In the paper we introduce the newsvendor problem with a satisficing-level objective, which is defined as maximization of the probability of exceeding the moving target. This target is defined as the expected profit, multiplied by a positive constant. The constant is chosen by the management and it indicates whether the low or the high goal should be achieved. We obtain closed form solutions of this newsvendor model with uniformly distributed demand. Additionally, we consider a bicriteria problem with the satisficing- -level and the classical objective.
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Visualisations of the risk investment valuation and the level of inventory control using the GeoGebra software

63%
Dudzińska-Baryła R., Michalska E.
Studia Ekonomiczne
|
2015
|
vol. 247
7-19
EN
The development of information technology forces the usage of software tools in the analysis and visualisation of risk in various fields including economics, finance, management. The graphic presentation of analysis results as well as various relationships contributes to their better understanding. Modern computer software allows for showing dynamics of various decision problems. The aim of the paper is to present the dynamic visualisations of risk analysis in selected fields using the GeoGebra software.
PL
Rozwój technologii informatycznych wymusza korzystanie z programów komputerowych w zakresie analizy i wizualizacji ryzyka w różnych dziedzinach, w tym ekonomii, finansach, zarządzaniu. Graficzne przedstawienie wyników analizy, jak również różnych zależności, przyczynia się do ich lepszego zrozumienia. Nowoczesne oprogramowanie komputerowe pozwala na pokazywanie dynamiki różnych problemów decyzyjnych. Celem artykułu jest przedstawienie wybranych dynamicznych wizualizacji ryzyka utworzonych z wykorzystaniem programu GeoGebra.
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