Newsvendor model

Known as: Newsvendor, Newsvendor problem, News Vendor Model 
The newsvendor (or newsboy or single-period or perishable) model is a mathematical model in operations management and applied economics used to… (More)
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Papers overview

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2010
2010
We propose a behavioral theory to predict actual ordering behavior in multi-location inventory systems. The theory rests on a… (More)
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Highly Cited
2008
Highly Cited
2008
  • Xuanming Su
  • Manufacturing & Service Operations Management
  • 2008
Many theoretical models adopt a normative approach and assume that decision makers are perfect optimizers. In contrast, this… (More)
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Highly Cited
2008
Highly Cited
2008
Traditional stochastic inventory models assume full knowledge of the demand probability distribution. However, in practice, it is… (More)
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Highly Cited
2007
Highly Cited
2007
We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier is defined to be either… (More)
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Highly Cited
2005
Highly Cited
2005
W connect the mix-flexibility and dual-sourcing literatures by studying unreliable supply chains that produce multiple products… (More)
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Highly Cited
2002
Highly Cited
2002
We introduce a class of models, called newsvendor networks, that allow for multiple products and multiple processing and storage… (More)
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Highly Cited
2002
Highly Cited
2002
This paper investigates the e ect of demand censoring on the optimal policy in newsvendor inventory models with general… (More)
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Highly Cited
2001
Highly Cited
2001
We consider the problem of optimizing inventories for problems where the demand distribution is unknown, and where it does not… (More)
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Highly Cited
2000
Highly Cited
2000
In the newsvendor problem a decision maker orders inventory before a one period selling season with stochastic demand. If too… (More)
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Highly Cited
2000
Highly Cited
2000
Weconsider a single-period inventory model in which a risk-averse retailer faces uncertain customer demand and makes a purchasing… (More)
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