A general solution for the newsboy model with random order size and possibly a cutoff transaction size
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DOI: 10.1057/palgrave.jors.2601637
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References listed on IDEAS
- Haim Shore, 1982. "Simple Approximations for the Inverse Cumulative Function, the Density Function and the Loss Integral of the Normal Distribution," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 31(2), pages 108-114, June.
- Shore, Haim, 1999. "Optimal solutions for stochastic inventory models when the lead-time demand distribution is partially specified," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 477-485, March.
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Cited by:
- D J Robb & E A Silver, 2006. "Inventory management under date-terms supplier trade credit with stochastic demand and leadtime," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 57(6), pages 692-702, June.
- Silver, Edward A. & Robb, David J., 2008. "Some insights regarding the optimal reorder period in periodic review inventory systems," International Journal of Production Economics, Elsevier, vol. 112(1), pages 354-366, March.
- U Benzion & Y Cohen & R Peled & T Shavit, 2008.
"Decision-making and the newsvendor problem: an experimental study,"
Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(9), pages 1281-1287, September.
- Uri Ben-Zion & Yuval Cohen & Ruth Peled & TAL SHAVIT, 2007. "Decision-Making and the Newsvendor Problem – An Experimental Study," Working Papers 0711, Ben-Gurion University of the Negev, Department of Economics.
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Keywords
calculus of moments; distribution fitting; inventory analysis; newsboy problem; Shore's approximations;All these keywords.
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