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The distribution-free newsboy problem under the worst-case and best-case scenarios

✍ Scribed by Kamburowski, Jerzy


Book ID
121739221
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
393 KB
Volume
237
Category
Article
ISSN
0377-2217

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Best- and worst-case variances when boun
✍ George S. Fishman; David S. Rubin πŸ“‚ Article πŸ“… 1998 πŸ› Elsevier Science 🌐 English βš– 665 KB

Consider a discrete random variable, X, taking on values {I,2 ..... t} and with lower and upper bounds on its unknown distribution function (d.f.). Within these constraints, this paper derives the forms of the d.f.'s that lead to the largest possible (worst-case) variance and to the smallest possibl