Simple formulas for the expected costs in the newsboy problem: An educational note

被引:74
作者
Lau, HS
机构
关键词
inventory;
D O I
10.1016/S0377-2217(96)00117-8
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This educational note presents closed-form (or near closed-form) formulas for computing the expected cost and the optimal expected cost of the newsboy problem. The formulas are sufficiently easy to be used in undergraduate OR and MBA operations-management courses. (C) 1997 Elsevier Science B.V.
引用
收藏
页码:557 / 561
页数:5
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