Estimating conservative profitability of a newsboy-type product with exponentially distributed demand based on multiple samples

DOI10.1007/S10479-023-05167-YMaRDI QIDQ6160957zbMATH OpenOpenAlexFDO

Authors Rung-Hung Su, Dong-Yuh Yang, He-Jhen Lin, Yu Cheng Yang

Publication date 26 June 2023

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-023-05167-y

zbMATH Keywords

newsboy problemmultiple samplesachievable capacity indexconservative profitability evaluation

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Inventory, storage, reservoirs (90B05) Transportation, logistics and supply chain management (90B06) Production models (90B30)

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Cites work

• A green inventory model with the effect of carbon taxation
• Assessing profitability of a newsboy-type product with normally distributed demand based on multiple samples
• Effects of corporate social responsibility activities in a two-stage assembly production system with multiple components and imperfect processes
• Evaluating alternative frequentist inferential approaches for optimal order quantities in the newsvendor model under exponential demand
• Innovative maintenance problem in a two-stage production-inventory system with imperfect processes
• Inventory decision in a periodic review inventory model with two complementary products
• Joint decision on ordering and pricing of cruise tourism supply chain with competing newsboy-type retailers
• Note—Note on “Optimal Ordering Quantity to Realize a Pre-Determined Level of Profit”
• Online ordering rules for the multi-period newsvendor problem with quantity discounts
• Optimal inventory policy for fast-moving consumer goods under e-commerce environment
• Optimizing price, lot size and backordering level for products with imperfect quality, different holding costs and non-linear demand
• Robust newsvendor problems with compound Poisson demands
• Robust newsvendor problems: effect of discrete demands
• The distribution-free newsboy problem with multiple discounts and upgrades
• The distributionally robust optimization model for a remanufacturing system under cap-and-trade policy: a newsvendor approach

Cited in

(2)

• Multi-objective newsboy problem with random-fuzzy demand
• Assessing profitability of a newsboy-type product with normally distributed demand based on multiple samples

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