Evaluating alternative Frequentist inferential approaches for optimal order quantities in the newsvendor model under Exponential demand

DOI10.1111/itor.12036zbMath1277.90016OpenAlexW1742377276MaRDI QIDQ2865164

Ilias S. Kevork, George E. Halkos

Publication date: 29 November 2013

Published in: International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/39650/1/MPRA_paper_39650.pdf

zbMATH Keywords

exponential distributiondemand estimationmean square error of estimatorsactual critical fractileclassical newsvendor model

Mathematics Subject Classification ID

Transportation, logistics and supply chain management (90B06)

Related Items (2)

Estimating conservative profitability of a newsboy-type product with exponentially distributed demand based on multiple samples ⋮ Evaluating alternative Frequentist inferential approaches for optimal order quantities in the newsvendor model under Exponential demand

Uses Software

• DLMF

Cites Work

• Unnamed Item
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• Bayes Solutions of the Statistical Inventory Problem
• The Effect of Estimation Risk in Establishing Safety Stock Levels in an Inventory Model
• The Censored Newsvendor and the Optimal Acquisition of Information
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Sales Data and the Estimation of Demand
• Demand estimation in lost sales inventory systems
• Statistical Estimation Problems in Inventory Control

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