A quadratic programming approach to the multi-product newsvendor problem with side constraints

DOI10.1016/j.ejor.2005.11.002zbMath1110.90027OpenAlexW2030824813MaRDI QIDQ853035

Layek L. Abdel-Malek, Nathapol Areeratchakul

Publication date: 15 November 2006

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2005.11.002

zbMATH Keywords

optimizationquadratic programmingnewsvendor problem

Mathematics Subject Classification ID

Quadratic programming (90C20) Production models (90B30)

Related Items (12)

Optimization model and solution method for dynamically correlated two-product newsvendor problems based on copula ⋮ Duality in fuzzy quadratic programming with exponential membership functions ⋮ Jointly pricing and ordering for a multi-product multi-constraint newsvendor problem with supplier quantity discounts ⋮ Multi-tier binary solution method for multi-product newsvendor problem with multiple constraints ⋮ A global optimization approach for solving generalized nonlinear multiplicative programming problem ⋮ A constructive methodology to solving the capacitated newsvendor problem: an approximate approach ⋮ MULTI-ITEM NEWSVENDOR PROBLEM WITH AN EQUALITY RESOURCE CONSTRAINT ⋮ The multi-product newsboy problem with supplier quantity discounts and a budget constraint ⋮ Optimal inventory decisions for a risk-averse retailer when offering layaway ⋮ Comparative statics of changes in risk on monotonically and partially responsive kinked payoffs ⋮ A new data-driven robust optimization approach to multi-item newsboy problems ⋮ Optimality conditions for fuzzy number quadratic programming with fuzzy coefficients

Uses Software

• LINGO
• Excel

Cites Work

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• Estimating the demand distributions of single-period items having frequent stockouts
• The newsstand problem: A capacitated multiple-product single-period inventory problem
• The multi-item newsvendor problem with a budget constraint and fixed ordering costs
• The Distribution Free Newsboy Problem: Review and Extensions

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