Mean-Risk Analysis: An Introduction

作者: Tsan-Ming Choi , Chun-Hung Chiu

DOI: 10.1007/978-1-4614-3869-4_1

关键词: Disruption riskSupply chain risk managementRisk aversionRisk analysisSupply chainBusinessOperational riskExpected profitVolatility (finance)Actuarial science

摘要: Risk is a term commonly used in business. In supply chain, risk associated with the decision making problems whenever there exist uncertain outcomes and some of are unfavorable (Lowrance 1976; Haimes 2004; Tuncel Alpan 2010). There different perspectives chain analysis management (Tang 2006; Sodhi et al. 2012). One these focuses on examining disruption which defined as anthropogenic or natural disruptions such earthquakes, hurricanes, terrorist attacks, big storms, economic crises, diseases, etc. Another perspective links “normal uncertainties” demand volatility, uncertainty, cost–revenue variation; this kind termed operational risk, it major area that we examine book.

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