Downloads: 113 | Views: 252
Case Studies | Mathematics | Indonesia | Volume 4 Issue 9, September 2015 | Popularity: 6.1 / 10
Stochastic Model for Newsvendor Problem
Liza Setyaning Pertiwi, Jhonny Marbun, Christian Sinaga
Abstract: In this paper newsvendor model extensions are developed. These two extensions allow modelling of the situations where there are certain percentage of customers who are willing to wait for the next regular order. The first model assumes that it is possible to identify customers who are willing to wait for the next regular order at the beginning of planning period, while the second model assumes back order option at time when stock out occurs.
Keywords: Inventory, Newsvendor Model, Stochastic Model
Edition: Volume 4 Issue 9, September 2015
Pages: 1322 - 1324
Make Sure to Disable the Pop-Up Blocker of Web Browser
Downloads: 299 | Views: 541
Mathematics, India, Volume 9 Issue 1, January 2020
Pages: 99 - 102On Differentiability and Integrability of Rings
S. R. Gaikwad, A R Gotmare
Downloads: 286 | Views: 439
Mathematics, India, Volume 9 Issue 1, January 2020
Pages: 113 - 117A Mathematics Letter Lecture Note on Some Variety of Algebraic Γ-Structures
Abul Basar
Downloads: 262 | Views: 561
Mathematics, Iraq, Volume 7 Issue 1, January 2018
Pages: 6 - 11Convergence Weakly to Asymptotic Common Fixed Point Theorems for Different Types of Proximal Point Schemes
Salwa Salman Abed, Zena Hussein Maibed
Downloads: 234 | Views: 477
Mathematics, India, Volume 8 Issue 2, February 2019
Pages: 2012 - 2015Application of Maths in Real Life
Partibha Gupta
Downloads: 232 | Views: 384
Mathematics, India, Volume 9 Issue 5, May 2020
Pages: 762 - 765Linear Programming Problem for Maximization of Profit in Rubber Manufacturing and Molding Industry: A Case study of Shreyas Rubber Products
M. V. Deshmukh