The newsboy problem with price- dependent demand distribution

IIE Transactions (Institute of Industrial Engineers)

Volumn 20, Issue 2, 1988, Pages 168-175

  Lau, Amy Hing Ling ^a   Lau, Hon Shiang ^a  

^a OKLAHOMA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

DECISION THEORY AND ANALYSIS; ECONOMICS - APPLICATIONS; TECHNOLOGICAL FORECASTING;

NEWSBOY PROBLEM; PRICE-DEMAND DISTRIBUTION; STOCHASTIC PROCESSES;

INVENTORY CONTROL;

EID: 0024031728     PISSN: 0740817X     EISSN: 15458830     Source Type: Journal    
DOI: 10.1080/07408178808966166     Document Type: Article

References (17)

1. Atkinson, A., “Incentives, Uncertainty, and Risk in the Newsboy Problem," Decision Sciences 10, 341-357 (1979).
2. Elderton, W., and Johnson, N., Systems of Frequency Curves, Cambridge University Press (1969).
3. Hahn, G., and Shapiro, S., Statistical Methods in Engineering, New York: John Wiley (1968).
4. Hertz, D., “Risk Analysis in Capital Investment," Harvard Business Review 42, 95-106 (1964).
5. Hertz, D., “Investment Policies that Pay Off," Harvard Business Review 46, 96-108 (1968).
6. IMSL Library 1 Reference Manual, Houston: International Mathematical and Statistical Libraries (1982).
7. Ismail, B., and Louderback, J., “Optimizing and Satisficing in Stochastic Cost-Volume-Pro fit Analysis," Decision Sciences 10, 205-217 (1979).
8. Kabak, I., and Schiff, A., “Inventory Models and Management Objectives,” Sloan Management Review 10, 53-59 (1978).
9. Kendall, M., and Stuart, A., The Advanced Theory of Statistics, Vol. 1, London: Charles Griffin (1969).
10. Lau, H., “The Newsboy Problem Under Alternative Optimization Objectives," Journal of the Operational Research Society 31,525-535 (1980).
11. Lau, H., “Some Extensions of Ismail-Louderback’s Stochastic CVP Model Under Optimizing and Satisficing Criteria,” Decision Sciences 11, 557-561 (1980).
12. Leland, H., “Theory of the Firm Facing Uncertain Demand,” American Economic Review 62, 278-291 (1972).
13. Norland, R., “Refinements in the Ismail-Louderback’s Stochastic CVP Model," Decision Sciences 11, 562-572 (1980).
14. Sankarasubramanian, E., and Kumaraswamy, S., “Optimal Ordering Quantity for Pre-detennined Level of Profit," Management Science 29, 512-514 (1983).
15. Schmeiser, B., “Methods for Modeling and Generating Probabilistic Components in Digital Computer Simulation When the Standard Distributions Are Not Adequate: A Survey," Proceedings of the Winter Simulation Conference, 51-51 (1977).
16. Shih, W., "A General Decision Model for Cost-Volume-Profit Analysis Under Uncertainty," The Accounting Review 54, 687-706 (1979).
17. Winkler, R., Roodman, G., and Britney, R., “The Determination of Partial Moments,” Management Science 19, 290-296 (1972).