The optimal solution of the reordering newsboy problem with triangular demand distribution

The optimal solution of the reordering newsboy problem with triangular demand distribution

0.00 Avg rating0 Votes
Article ID: iaor2005452
Country: China
Volume: 18
Issue: 4
Start Page Number: 289
End Page Number: 292
Publication Date: Aug 2003
Journal: Journal of Inner Mongolia University for Nationalities
Authors: ,
Keywords: newsboy problem
Abstract:

In the classical newsboy problem, there is only one time for ordering, there is conflict between service level and the safety stock. To deal with this difficulty, in this paper, we study the reordering newsboy problem. The mathematical model is formulated under the constraint of limited reordering quantity. We give a specific method to find the optimal solution with triangular demand distribution.

Reviews

Required fields are marked *. Your email address will not be published.