The newsboy problem when customer demand is a compound renewal process
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Publication:1043342
DOI10.1016/j.ejor.2009.06.032zbMath1176.90020OpenAlexW2027536622MaRDI QIDQ1043342
Publication date: 7 December 2009
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2009.06.032
Laplace transforminvestment analysisrenewal processcompound distributionnet present valuenewsboy (newsvendor) problem
Inventory, storage, reservoirs (90B05) Applications of renewal theory (reliability, demand theory, etc.) (60K10)
Related Items (6)
Newsvendor models for innovative products with one-shot decision theory ⋮ A newsvendor problem with markup pricing in the presence of within-period price fluctuations ⋮ Robust multi-market newsvendor models with interval demand data ⋮ Some general properties for the newsboy problem with an extraordinary order ⋮ Bounds for the solution to the single-period inventory model with compound renewal process input: an application to setting credit card limits ⋮ Optimal fences and joint price and inventory decisions in distinct markets with demand leakage
Cites Work
- Newsvendor solutions via conditional value-at-risk minimization
- Coherent risk measures in inventory problems
- Evaluation of capital costs in a multi-level inventory system by means of the annuity stream principle
- The moments and central moments of a compound distribution
- Coherent Measures of Risk
- Ordering and Inventory Policies for Step Changes in the Unit Item Cost: A Discounted Cash Flow Approach
- Note—Note on “Optimal Ordering Quantity to Realize a Pre-Determined Level of Profit”
- Optimality Criteria and Risk in Inventory Models: The Case of the Newsboy Problem
- The Newsboy Problem under Alternative Optimization Objectives
- A Transform Method for Linear Time-Varying Systems
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