Abstract
The concepts of convexity and supermodularity are important in the optimization and economics literature. These concepts have been widely applied in the analysis of a variety of supply chain models, for stochastic, multi-stage inventory problems to pricing models. Hence, in this chapter we provide a brief introduction to convexity and supermodularity focusing on material most relevant to our context. For more details, readers are referred to the two excellent books Rockafellar (1970) and Topkis (1998).
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© 2005 Springer Science+Business Media, Inc.
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(2005). Convexity and Supermodularity. In: The Logic of Logistics. Springer Series in Operations Research. Springer, New York, NY. https://doi.org/10.1007/0-387-22619-2_2
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DOI: https://doi.org/10.1007/0-387-22619-2_2
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-22199-1
Online ISBN: 978-0-387-22619-4
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