| Article ID: | iaor20084742 |
| Country: | Netherlands |
| Volume: | 176 |
| Issue: | 3 |
| Start Page Number: | 1607 |
| End Page Number: | 1619 |
| Publication Date: | Feb 2007 |
| Journal: | European Journal of Operational Research |
| Authors: | Abdel-Malek Layek L., Areeratchakul Nathapol |
| Keywords: | programming: quadratic |
A quadratic programming approach is proposed for solving the newsvendor problem with side constraints. Among its salient features are the facts that it: utilizes familiar packages to solve the problem such as Excel Solver and Lingo, can accommodate lower bounds of product's demands that are larger than zero, and facilitates the performance of sensitivity analysis tasks.