Optimal order policy for a two-stage newsvendor problem with forecast updates and order lead times
The newsvendor problem is a single-period inventory problem where the newsvendor id faced with the task of decif=ding an order quantity that would minimize the combined cost of overage and underage. This problem typically arises with products that easily become expired or outdated like food and othe...
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| Format: | Thesis |
| Language: | English |
| Published: |
2011
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