Dekker, Rommert; Frenk, Frenk, J.B.G.; Kleijn, M.J.; de … - Faculteit der Economische Wetenschappen, Erasmus … - 1997
cutoff transaction size, in a simple newsboy setting. 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 the total … on the cutoff transaction size only. A main advantage of this approximation is that the computational effort is much less …