haku: @author Petruzzi, N. / yhteensä: 1
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| Tekijä: | Petruzzi, N. Dada, M. |
| Otsikko: | Pricing and the newsvendor problem: a review with extensions |
| Lehti: | Operations Research
1999 : MAR-APR, VOL. 47:2, p. 183-194 |
| Asiasana: | OPERATIONAL RESEARCH PRICES MODELS |
| Kieli: | eng |
| Tiivistelmä: | In the newsvendor problem, a decision maker facing random demand for a perishable product decides how much of it to stock for a single selling period. This simple problem with its intuitively appealing solution is a crucial building block of stochastic inventory theory, which comprises a vast literature focusing on operational efficiency. Typically in this literature, market parameters such as demand and selling price are exogenous. |
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