Research Article
Optimal Decisions for Adoption of Item-Level RFID in a Retail Supply Chain with Inventory Shrinkage under CVaR Criterion
Table 2
Summary of optimal decisions and profits in different scenarios under CVaR criterion.
| | | Decentralized systems | Centralized systems | | | RFID | No RFID | RFID | No RFID |
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Optimal sale price | | | | |
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Optimal order quantity | | | | |
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Optimal wholesale price | | | — | — |
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Retailer’s expected profit | | | — | — |
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Manufacturer’s expected profit | | | — | — |
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Supply chain expected profit | | | | |
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Note., , , , and .
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