DeYong, Gregory D.; Cattani, Kyle D. - In: European Journal of Operational Research 220 (2012) 1, pp. 93-105
We consider an inventory problem that can be translated into a two-period newsvendor setting where the day prior to sales, the newsvendor places an initial preliminary order—a semi-binding forecast—with the publisher. At the beginning of the actual day of sales, the newsvendor has a better...