The newsboy problem with independent compensable selling

The newsboy problem with independent compensable selling

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Article ID: iaor2006601
Country: China
Volume: 19
Issue: 4
Start Page Number: 361
End Page Number: 364
Publication Date: Aug 2004
Journal: Journal of Inner Mongolia University for Nationalities
Authors:
Keywords: newsboy problem
Abstract:

We propose a newsboy problem with independent compensable selling. If there are surplus goods, give a reduced-price compensation selling. Assume the variables of the demand are independent of each other in the period of two selling, we give the maths model of the relation between the order quantity and the profit, and give the specific analysis of the model on the uniform distribution.

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