{"id":"https://openalex.org/W3153618414","doi":"https://doi.org/10.1051/ro/2021060","title":"Optimal decision in MC supply chain with overconfident retailer based on the newsvendor model","display_name":"Optimal decision in MC supply chain with overconfident retailer based on the newsvendor model","publication_year":2021,"publication_date":"2021-04-13","ids":{"openalex":"https://openalex.org/W3153618414","doi":"https://doi.org/10.1051/ro/2021060","mag":"3153618414"},"language":"en","primary_location":{"id":"doi:10.1051/ro/2021060","is_oa":true,"landing_page_url":"https://doi.org/10.1051/ro/2021060","pdf_url":"https://www.rairo-ro.org/articles/ro/pdf/2021/04/ro200247.pdf","source":{"id":"https://openalex.org/S20631277","display_name":"RAIRO - Operations Research","issn_l":"0399-0559","issn":["0399-0559","1290-3868"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319748","host_organization_name":"EDP Sciences","host_organization_lineage":["https://openalex.org/P4310319748"],"host_organization_lineage_names":["EDP Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"RAIRO - Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://www.rairo-ro.org/articles/ro/pdf/2021/04/ro200247.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110113984","display_name":"Bayi Cheng","orcid":"https://orcid.org/0000-0002-1028-652X"},"institutions":[{"id":"https://openalex.org/I16365422","display_name":"Hefei University of Technology","ror":"https://ror.org/02czkny70","country_code":"CN","type":"education","lineage":["https://openalex.org/I16365422"]},{"id":"https://openalex.org/I1327237609","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934","country_code":"CN","type":"funder","lineage":["https://openalex.org/I1327237609","https://openalex.org/I4210127390"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Bayi Cheng","raw_affiliation_strings":["Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","School of Management, Hefei University of Technology, Hefei 230009, P.R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I1327237609"]},{"raw_affiliation_string":"School of Management, Hefei University of Technology, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I16365422"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101109124","display_name":"Ruofan Li","orcid":null},"institutions":[{"id":"https://openalex.org/I1327237609","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934","country_code":"CN","type":"funder","lineage":["https://openalex.org/I1327237609","https://openalex.org/I4210127390"]},{"id":"https://openalex.org/I16365422","display_name":"Hefei University of Technology","ror":"https://ror.org/02czkny70","country_code":"CN","type":"education","lineage":["https://openalex.org/I16365422"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Ruofan Li","raw_affiliation_strings":["Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","School of Management, Hefei University of Technology, Hefei 230009, P.R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I1327237609"]},{"raw_affiliation_string":"School of Management, Hefei University of Technology, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I16365422"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5112631305","display_name":"Xiaoxi Zhu","orcid":"https://orcid.org/0009-0004-1199-4634"},"institutions":[{"id":"https://openalex.org/I16365422","display_name":"Hefei University of Technology","ror":"https://ror.org/02czkny70","country_code":"CN","type":"education","lineage":["https://openalex.org/I16365422"]},{"id":"https://openalex.org/I1327237609","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934","country_code":"CN","type":"funder","lineage":["https://openalex.org/I1327237609","https://openalex.org/I4210127390"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaoxi Zhu","raw_affiliation_strings":["Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","School of Management, Hefei University of Technology, Hefei 230009, P.R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I1327237609"]},{"raw_affiliation_string":"School of Management, Hefei University of Technology, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I16365422"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5034398623","display_name":"Mi Zhou","orcid":"https://orcid.org/0000-0003-0687-9485"},"institutions":[{"id":"https://openalex.org/I1327237609","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934","country_code":"CN","type":"funder","lineage":["https://openalex.org/I1327237609","https://openalex.org/I4210127390"]},{"id":"https://openalex.org/I16365422","display_name":"Hefei University of Technology","ror":"https://ror.org/02czkny70","country_code":"CN","type":"education","lineage":["https://openalex.org/I16365422"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Mi Zhou","raw_affiliation_strings":["Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","School of Management, Hefei University of Technology, Hefei 230009, P.R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I1327237609"]},{"raw_affiliation_string":"School of Management, Hefei University of Technology, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I16365422"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5024316704","display_name":"Xiongfei Cao","orcid":null},"institutions":[{"id":"https://openalex.org/I16365422","display_name":"Hefei University of Technology","ror":"https://ror.org/02czkny70","country_code":"CN","type":"education","lineage":["https://openalex.org/I16365422"]},{"id":"https://openalex.org/I1327237609","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934","country_code":"CN","type":"funder","lineage":["https://openalex.org/I1327237609","https://openalex.org/I4210127390"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiongfei Cao","raw_affiliation_strings":["Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","School of Management, Hefei University of Technology, Hefei 230009, P.R. China"],"affiliations":[{"raw_affiliation_string":"Key Laboratory of Process Optimization and Intelligent Decision-making, Ministry of Education, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I1327237609"]},{"raw_affiliation_string":"School of Management, Hefei University of Technology, Hefei 230009, P.R. China","institution_ids":["https://openalex.org/I16365422"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5110113984"],"corresponding_institution_ids":["https://openalex.org/I1327237609","https://openalex.org/I16365422"],"apc_list":null,"apc_paid":null,"fwci":0.8725,"has_fulltext":true,"cited_by_count":4,"citation_normalized_percentile":{"value":0.79651186,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"55","issue":"3","first_page":"1325","last_page":"1341"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11729","display_name":"Product Development and Customization","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11729","display_name":"Product Development and Customization","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9929999709129333,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/newsvendor-model","display_name":"Newsvendor model","score":0.9339450597763062},{"id":"https://openalex.org/keywords/overconfidence-effect","display_name":"Overconfidence effect","score":0.7016511559486389},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.6955557465553284},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.6317718029022217},{"id":"https://openalex.org/keywords/economic-order-quantity","display_name":"Economic order quantity","score":0.6026340126991272},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5772112011909485},{"id":"https://openalex.org/keywords/variance","display_name":"Variance (accounting)","score":0.5600985288619995},{"id":"https://openalex.org/keywords/mass-customization","display_name":"Mass customization","score":0.4805586636066437},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4614481031894684},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.39783424139022827},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3622944951057434},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.2906018793582916},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.26174500584602356},{"id":"https://openalex.org/keywords/psychology","display_name":"Psychology","score":0.08776438236236572}],"concepts":[{"id":"https://openalex.org/C36181114","wikidata":"https://www.wikidata.org/wiki/Q3130009","display_name":"Newsvendor model","level":3,"score":0.9339450597763062},{"id":"https://openalex.org/C51110983","wikidata":"https://www.wikidata.org/wiki/Q16503490","display_name":"Overconfidence effect","level":2,"score":0.7016511559486389},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.6955557465553284},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.6317718029022217},{"id":"https://openalex.org/C1199943","wikidata":"https://www.wikidata.org/wiki/Q451299","display_name":"Economic order quantity","level":3,"score":0.6026340126991272},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5772112011909485},{"id":"https://openalex.org/C196083921","wikidata":"https://www.wikidata.org/wiki/Q7915758","display_name":"Variance (accounting)","level":2,"score":0.5600985288619995},{"id":"https://openalex.org/C72414096","wikidata":"https://www.wikidata.org/wiki/Q1367461","display_name":"Mass customization","level":3,"score":0.4805586636066437},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4614481031894684},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39783424139022827},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3622944951057434},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.2906018793582916},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.26174500584602356},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.08776438236236572},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1051/ro/2021060","is_oa":true,"landing_page_url":"https://doi.org/10.1051/ro/2021060","pdf_url":"https://www.rairo-ro.org/articles/ro/pdf/2021/04/ro200247.pdf","source":{"id":"https://openalex.org/S20631277","display_name":"RAIRO - Operations Research","issn_l":"0399-0559","issn":["0399-0559","1290-3868"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319748","host_organization_name":"EDP Sciences","host_organization_lineage":["https://openalex.org/P4310319748"],"host_organization_lineage_names":["EDP Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"RAIRO - Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:edpsciences.org:dkey/10.1051/ro/2021060","is_oa":true,"landing_page_url":null,"pdf_url":"https://www.rairo-ro.org/10.1051/ro/2021060/pdf","source":{"id":"https://openalex.org/S4306400744","display_name":"Springer Link (Chiba Institute of Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I8488066","host_organization_name":"Chiba Institute of Technology","host_organization_lineage":["https://openalex.org/I8488066"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://doi.org/10.1051/ro/2021060","raw_type":"Text"},{"id":"pmh:oai:numdam.org:RO_2021__55_3_1325_0","is_oa":false,"landing_page_url":"https://www.numdam.org/articles/10.1051/ro/2021060/","pdf_url":null,"source":{"id":"https://openalex.org/S4306402264","display_name":"French digital mathematics library (Numdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I70900168","host_organization_name":"Universit\u00e9 Savoie Mont Blanc","host_organization_lineage":["https://openalex.org/I70900168"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Text"}],"best_oa_location":{"id":"doi:10.1051/ro/2021060","is_oa":true,"landing_page_url":"https://doi.org/10.1051/ro/2021060","pdf_url":"https://www.rairo-ro.org/articles/ro/pdf/2021/04/ro200247.pdf","source":{"id":"https://openalex.org/S20631277","display_name":"RAIRO - Operations Research","issn_l":"0399-0559","issn":["0399-0559","1290-3868"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319748","host_organization_name":"EDP Sciences","host_organization_lineage":["https://openalex.org/P4310319748"],"host_organization_lineage_names":["EDP Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"RAIRO - Operations Research","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G3473066655","display_name":null,"funder_award_id":"2019YFE0110300","funder_id":"https://openalex.org/F4320335777","funder_display_name":"National Key Research and Development Program of China"},{"id":"https://openalex.org/G3718193390","display_name":null,"funder_award_id":"72071056","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G4825172103","display_name":null,"funder_award_id":"71690230","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G504863324","display_name":null,"funder_award_id":"71531008","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8382610802","display_name":null,"funder_award_id":"71671055","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G951719244","display_name":null,"funder_award_id":"71971075","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335777","display_name":"National Key Research and Development Program of China","ror":null}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3153618414.pdf","grobid_xml":"https://content.openalex.org/works/W3153618414.grobid-xml"},"referenced_works_count":35,"referenced_works":["https://openalex.org/W1582657073","https://openalex.org/W1976937039","https://openalex.org/W1980578155","https://openalex.org/W2028171486","https://openalex.org/W2055555756","https://openalex.org/W2085914392","https://openalex.org/W2096848734","https://openalex.org/W2099028041","https://openalex.org/W2099373010","https://openalex.org/W2130960228","https://openalex.org/W2157672420","https://openalex.org/W2158782084","https://openalex.org/W2172187695","https://openalex.org/W2200136184","https://openalex.org/W2285280299","https://openalex.org/W2528284397","https://openalex.org/W2574211729","https://openalex.org/W2738792284","https://openalex.org/W2763046770","https://openalex.org/W2799829187","https://openalex.org/W2888039527","https://openalex.org/W2893408894","https://openalex.org/W2894424946","https://openalex.org/W2905742695","https://openalex.org/W2914100760","https://openalex.org/W2966739453","https://openalex.org/W2980790473","https://openalex.org/W2999044544","https://openalex.org/W3044223173","https://openalex.org/W3121915579","https://openalex.org/W3122755457","https://openalex.org/W3122908163","https://openalex.org/W3123271477","https://openalex.org/W3123958775","https://openalex.org/W3124098644"],"related_works":["https://openalex.org/W2127533370","https://openalex.org/W2368665669","https://openalex.org/W2360116884","https://openalex.org/W4280586141","https://openalex.org/W2364586708","https://openalex.org/W3181847571","https://openalex.org/W2350620871","https://openalex.org/W2147025358","https://openalex.org/W2897358957","https://openalex.org/W2099373010"],"abstract_inverted_index":{"In":[0,92,111,142],"this":[1],"paper,":[2],"we":[3,22,157],"analyze":[4],"the":[5,45,49,66,69,73,93,96,103,112,115,123,127,137,144,147,151,162,166,169],"optimal":[6,148],"order-quantity":[7],"decisions":[8,43,149],"in":[9,27],"a":[10,24,52,78],"supply":[11,61],"chain":[12],"with":[13],"mass":[14,33,53],"customization":[15,54],"(MC)":[16],"manufacturer":[17,55],"and":[18,56,88,150,168,174],"overconfident":[19,84],"retailers.":[20],"First,":[21],"consider":[23],"newsvendor":[25],"model":[26],"which":[28],"an":[29],"unbiased":[30],"retailer":[31,37,70],"sells":[32],"customized":[34],"products.":[35],"The":[36,60],"needs":[38],"to":[39],"make":[40],"order":[41,74,172],"quantity":[42,68,75,173],"before":[44],"selling":[46],"season.":[47],"Meanwhile,":[48],"supplier":[50],"is":[51,63,72,154],"implements":[57],"modular":[58],"production.":[59],"process":[62],"uncertain,":[64],"as":[65],"real":[67],"received":[71],"multiplied":[76],"by":[77],"random":[79],"yield":[80],"rate.":[81],"Second,":[82],"two":[83],"models":[85],"are":[86,90],"considered":[87],"theorems":[89],"proposed.":[91],"first":[94],"model,":[95,114],"behavioral":[97],"bias":[98,117],"of":[99,106,108,118,126,129,136,139,165],"overconfidence":[100,119],"only":[101,122],"affects":[102,120],"retailer\u2019s":[104,124],"judgment":[105],"variance":[107,128],"market":[109,130,140],"demand.":[110,141],"second":[113],"behavior":[116],"not":[121],"cognition":[125,135],"demand,":[131],"but":[132],"also":[133],"his":[134],"expectation":[138],"addition,":[143],"relationship":[145],"between":[146],"modularity":[152,175],"level":[153],"obtained.":[155],"Finally,":[156],"provide":[158],"managerial":[159],"insights":[160],"for":[161],"decision":[163],"makers":[164],"retailers":[167],"manufacturers":[170],"on":[171],"level,":[176],"respectively.":[177]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":1}],"updated_date":"2026-04-21T08:09:41.155169","created_date":"2025-10-10T00:00:00"}
