Article ID: | iaor1998567 |
Country: | Netherlands |
Volume: | 48 |
Issue: | 2 |
Start Page Number: | 121 |
End Page Number: | 128 |
Publication Date: | Jan 1997 |
Journal: | International Journal of Production Economics |
Authors: | Lau Hon-Shiang, Lau Amy Hing-Ling |
Keywords: | newsboy problem |
Several earlier works have presented formulations and solution procedures for the ‘newsstand problem’: a multi-item single-period (newsboy-type) production-inventory problem. The purposes of this paper are: (i) to present a demand-distribution modelling procedure that is necessary for the practical implementation of many newsboy/newsstand problems; (ii) to obtain a better understanding of the multi-constraint newsstand problem by studying the behavior of its optimal solutions.