Extended Newsvendor models
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There are some variations of the classic Newsvendor problem involving production capacity constraints, multiple products, multiple production cycles, demand dependent selling price, etc. in the literature.
[edit] See also
[edit] References
- M. E. Kuhl, N. M. Steiger: Newsvendor Problem With Pricing: PROPERTIES, ALGORITHMS, AND SIMULATION Proceedings of the 2005 Winter Simulation Conference
- E. J. Lodree: A Simulation Optimization Approach for the Two-Product Newsvendor Problem
- P. Mileff, K. Nehez: An Extended Newsvendor Model for Customized Mass Production, AOM - Advanced modeling and Optimization. Electronic International Journal, Volume 8, Number 2. pp 169-186. (2006)