Pando, Valentín; San-José, Luis A.; García-Laguna, Juan - In: Omega 41 (2013) 6, pp. 1020-1028
In this paper, a generalization is presented of the newsboy problem where an emergency lot can be ordered to provide for a certain fraction of shortage. This fraction is described by a general backorder rate function which is non-increasing with respect to the unsatisfied demand. An exponential...