Unreliable newsboy problem with a forecast update

DOI10.1016/J.ORL.2011.04.001zbMATH Open1242.90024OpenAlexW1968334383MaRDI QIDQ433130FDOQ433130

Authors: 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

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zbMATH Keywords

inventory managementrandom yieldstochastic dynamic programmingforecast updatenewsboy problem

Mathematics Subject Classification ID

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

Cites Work

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

Cited In (9)

• A comprehensive analysis of the newsvendor model with unreliable supply
• Information updated supply chain with service-level constraints
• Sequential unreliable newsboy ordering policies
• Sourcing decisions with uncertain time-dependent supply from an unreliable supplier
• Ordering policy of two-stage newsvendor model for fresh retailer under RFID investment
• Optimal apparel supplier selection with forecast updates under carbon emission taxation scheme
• Unreliable newsboy problem with a forecast update
• Note: optimal ordering decisions with uncertain cost and demand forecast updating
• To wait or not to wait: optimal ordering under lead time uncertainty and forecast updating

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