The videotape rental model (Q1976663)
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scientific article; zbMATH DE number 1445830
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The videotape rental model |
scientific article; zbMATH DE number 1445830 |
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The videotape rental model (English)
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15 January 2001
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Summary: The authors study the situation faced by a videotape rental store which must decide how many copies of a new videotape release it should purchase for rental to customers. A model representing this process is developed and contrasted with the classical newsboy problem.
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newsboy problem
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video rentals
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stationary demand distribution
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optimal stocking level
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constant salvage value
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