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Latest revision as of 06:26, 5 March 2024

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The videotape rental model
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    The videotape rental model (English)
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    15 January 2001
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    Summary: The authors study the situation faced by a videotape rental store which must decide how many copies of a new videotape release it should purchase for rental to customers. A model representing this process is developed and contrasted with the classical newsboy problem.
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    newsboy problem
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    video rentals
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    stationary demand distribution
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    optimal stocking level
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    constant salvage value
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