Scribd Logo
Upload

Welcome to Scribd!

  • Sketch 310816

    Uploaded by

    Marius Andrei Zoican
    4 views1 page
    A table.

    Original Title

    sketch_310816

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    A table.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views1 page

    Sketch 310816

    Uploaded by

    Marius Andrei Zoican
    A table.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Inventory at t = 2

    Event

    Probability

    Payoff

    i2 = 1

    Bad news

    1
    2 +

    N1
    N

    i2 = 1

    Good news

    1
    2 +

    i2 = 1

    LT arrival

    ( sa 2 s ) N1 s
    
    
    
    
    sb
    sa
    1
    1
    2 sb + 2 (sa 2 s )

    i2 = 0

    Bad news

    1
    2 +

    N1
    N

    i2 = 0

    Good news

    1
    2 +

    N1
    N

    i2 = 0

    LT arrival

    i2 = 1

    Bad news

    1
    2 +

    N1
    N

    i2 = 1

    Good news

    1
    2 +

    i2 = 1

    LT arrival

    ( sa ) N1 b
    
    
    
    sb
    1
    1
    (s
    )

    2
    +

    b
    b
    2

    ( sb ) N1 s

    N1
    N

    1
    2

    ( sb b )

    ( sa s )
    
    
    sb (sb b ) + 12

    (sa s )

    sa

    sa

    ( sb 2b ) N1 b

    N1
    N

    sa

    You might also like