Unreliable newsboy problem with a forecast update

DOI10.1016/j.orl.2011.04.001zbMath1242.90024OpenAlexW1968334383MaRDI QIDQ433130

Divya Tiwari, Rahul Patil, Janat Shah

Publication date: 13 July 2012

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2011.04.001

zbMATH Keywords

stochastic dynamic programmingnewsboy probleminventory managementrandom yieldforecast update

Mathematics Subject Classification ID

Stochastic programming (90C15) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39)

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Cites Work

• Unreliable newsboy problem with a forecast update
• Supplier diversification under binomial yield
• Diversification under yield randomness in inventory models
• Supplier diversification: Effect of discrete demand
• Note: Optimal Ordering Decisions with Uncertain Cost and Demand Forecast Updating
• Monotone Forecasts
• To wait or not to wait: Optimal ordering under lead time uncertainty and forecast updating
• Optimal Control of a Single Stage Production System Subject to Random Process Shifts
• Optimal two-stage ordering policy with Bayesian information updating
• Lot Sizing with Random Yields: A Review
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales