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A Note on the Newsboy Model with a Cutoff Transaction Size and Gauss Holding and Penalty Cost Functions

Lin, Chin-Tsai; Tsai, Hui-Yin - In: Quality & Quantity: International Journal of Methodology 38 (2004) 2, pp. 173-184

Persistent link: https://www.econbiz.de/10009396533

THE CUTOFF TRANSACTION SIZE OF A QUADRATIC CONCAVE HOLDING AND PENALTY COST FUNCTIONS TO THE INFORMATION VALUE APPLYING TO THE NEWSBOY MODEL

LIN, CHIN-TSAI; TSAI, HUI-YIN - In: Asia-Pacific Journal of Operational Research (APJOR) 23 (2006) 01, pp. 123-139

This investigation adopts the perspective of the retailer and incorporates information flow between a retailer and customers. Two new models are considered that differ in terms of information completeness. The first model involves the retailer having incomplete information regarding the state of...

Persistent link: https://www.econbiz.de/10004977550