Dekker, R.; Frenk, J.B.G.; Kleijn, M.J.; Kok, A.G. de - Erasmus University Rotterdam, Econometric Institute - 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 …