Sensitivity analysis of the newsvendor model
نویسندگان
چکیده
We perform sensitivity analysis of the classical newsvendor model. Conditions for symmetry/skewness of cost deviation (i.e., deviation of expected cost from its minimum) have been identified and its magnitude is studied by establishing a lower bound. We found the newsvendor model to be sensitive to sub-optimal ordering decisions.
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ورودعنوان ژورنال:
- European Journal of Operational Research
دوره 239 شماره
صفحات -
تاریخ انتشار 2014