The Distribution-Free Newsboy Problem with Multiple Discounts and Upgrades
نویسندگان
چکیده
منابع مشابه
The 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...
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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...
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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...
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ژورنال
عنوان ژورنال: Mathematical Problems in Engineering
سال: 2016
ISSN: 1024-123X,1563-5147
DOI: 10.1155/2016/2017253