The videotape rental model (Q1976663)
From MaRDI portal
!
This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use the normal view instead:
scientific article; zbMATH DE number 1445830
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | The videotape rental model |
scientific article; zbMATH DE number 1445830 |
Statements
The videotape rental model (English)
0 references
15 January 2001
0 references
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.
0 references
newsboy problem
0 references
video rentals
0 references
stationary demand distribution
0 references
optimal stocking level
0 references
constant salvage value
0 references
0.7106001377105713
0 references
0.6941432356834412
0 references
0.6826825737953186
0 references
0.6752400994300842
0 references
