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The Incorporation of Target Performance Measures and Constrained Optimisation in the Newsboy Problem

โœ Scribed by M. A. Pearson

Book ID
123725547
Publisher
Palgrave Publishers Ltd.
Year
2000
Tongue
English
Weight
924 KB
Volume
51
Category
Article
ISSN
0160-5682

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๐Ÿ“œ SIMILAR VOLUMES

The single-item newsboy problem with dua
The single-item newsboy problem with dual performance measures and quantity discounts
โœ Chen-Sin Lin; Dennis E. Kroll ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 218 KB

This paper considers models for the single-item newsboy problem with quantity discount and the following dual performance measure: "maximize the expected profit subject to a constraint that the probability of achieving a target profit level is no less than a predetermined risk level." We also consid