Dekker, R.; Frenk, J.B.G.; Kleijn, M.J.; Kok, A.G. de - Tinbergen Institute - 1997
cutoff transaction size, in a simple newsboy setting.<BR> For compound Poisson demand with discrete order sizes, we show how … to determine the expected costs and the optimal cutoff transaction size. Moreover, by approximating the distribution of … that depends on the cutoff transaction size only. A main advantage of this approximation is that the computational effort …