Impacts of Transportation Cost on Distribution-Free Newsboy Problems
نویسندگان
چکیده
منابع مشابه
The effect of advertising on the distribution-free newsboy problem
Advertising is very important for the newsboy problem because the shelf-life of the newsboy product is short and advertisingmay increase sales to avoid overstocking. In this paper, models to study the effect of advertising are developed for the distribution-free newsboy problem where only the mean and variance of the demand are known. As in Khouja and Robbins (2003), it is assumed that the mean...
متن کاملThe distribution-free newsboy problem with resalable returns
We study the case of a catalogue/internet mail order retailer selling seasonal products and receiving large numbers of commercial returns. Returned products arriving before the end of the selling season can be resold if there is sufficient demand. A single order is placed before the season starts. Excess inventory at the end of the season is salvaged and all demands not met directly are lost. S...
متن کاملA note on: “The effect of optimal advertising on the distribution-free newsboy problem”
Recently, Lee and Hsu (2011) study the advertising effect on the distribution-free newsboy problem. In one of their results, they show that the optimal expenditure on advertising, the optimal order quantity and the optimal lower bound on the expected profit increase with the advertising effect parameters. Although this result holds in general, it requires additional assumptions. In this note we...
متن کاملThe Decomposition of Optimal Transportation Problems with Convex Cost
Given a positive l.s.c. convex function c : Rd → R and an optimal transference plane π for the transportation problem ∫ c(x′ − x)π(dxdx′), we show how the results of [6] on the existence of a Sudakov decomposition for norm cost c = | · | can be extended to this case. More precisely, we prove that there exists a partition of Rd into a family of disjoint sets {Sh a }h,a together with the projecti...
متن کاملThe distribution-free newsboy problem under the worst-case and best-case scenarios
New theoretical foundations for analyzing the newsboy problem under incomplete information about the probability distribution of random demand are presented. Firstly, we reveal that the distribution-free newsboy problem under the worst-case and best-case demand scenarios actually reduces to the standard newsboy problem with demand distributions that bound the allowable distributions in the sens...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Mathematical Problems in Engineering
سال: 2014
ISSN: 1024-123X,1563-5147
DOI: 10.1155/2014/307935