The multi-product newsvendor problem: Review, extensions, and directions for future research

N Turken, Y Tan, AJ Vakharia, L Wang, R Wang… - … Models, Extensions and …, 2012 - Springer
In this paper, we review the contributions to date for the multi-product newsvendor problem
(MPNP). Our focus is on the current literature concerning the mathematical models and the …

Multi-product selective newsvendor problem with service level constraints and market selection flexibility

MAM Abdel-Aal, MN Syed, SZ Selim - International Journal of …, 2017 - Taylor & Francis
We consider a multi-product multi-market newsvendor problem where the decision-maker
could select some markets to serve. The considered problem involves the integration of …

[HTML][HTML] Separable programming/duality approach to solving the multi-product Newsboy/Gardener Problem with linear constraints

LL Abdel-Malek, M Otegbeye - Applied Mathematical Modelling, 2013 - Elsevier
The Gardener Problem is an extension of the multi-product Newsboy Problem with
constraints. It deals with situations where not only the demand is random but also the yield …

Validity and precision of estimates in the classical newsvendor model with exponential and Rayleigh demand

G Halkos, I Kevork - 2012 - mpra.ub.uni-muenchen.de
In this paper we consider the classical newsvendor model with profit maximization. When
demand is fully observed in each period and follows either the Rayleigh or the exponential …

Optimal flexible capacity in newsboy problem under stochastic demand and lead-time

K Karimi Movahed, A Ghodratnama - Journal of Industrial …, 2019 - jiems.icms.ac.ir
In this paper, we consider a newsvendor who is going to invest on dedicated or flexible
capacity, our goal is to find the optimal investment policy to maximize total profit while the …

Quadratic approximation of the newsvendor problem with imperfect quality

N Areerakulkan - Journal of Reviews on Global Economics, 2017 - lifescienceglobalca.com
The paper presents a newsvendor problem in a fuzzy environment by introducing product
quality as a fuzzy variable, and product demand as a probability distribution in an economic …

Evaluating alternative estimators for optimal order quantities in the newsvendor model with skewed demand

G Halkos, I Kevork - 2012 - mpra.ub.uni-muenchen.de
This paper considers the classical Newsvendor model, also known as the Newsboy
problem, with the demand to be fully observed and to follow in successive inventory cycles …

Optimal Relief Order Quantity under Stochastic Demand and Lead-time

K Karimi Movahed, A Ghodrat Nama… - Journal of Quality …, 2019 - jqepo.shahed.ac.ir
In this paper, a newsboy model is developed under uniformly distributed lead-time and
demand that is an appropriate assumption in obtaining optimal relief inventory of …