Newsvendor model of capacity sharing
نویسندگان
چکیده
منابع مشابه
Newsvendor Model with Random Supply
The newsvendor model is perhaps the most widely analyzed model in inventory management. In this singleperiod model, the only source of randomness is the demand during the period and one tries to determine the optimal order quantity in view of various cost factors. We consider an extention where supply is also random so that the quantity ordered is not necessarily received in full at the beginni...
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The divergent predictions of 2 models of dual-task performance are investigated. The central bottleneck and central capacity sharing models argue that a central stage of information processing is capacity limited, whereas stages before and after are capacity free. The models disagree about the nature of this central capacity limitation. The central bottleneck model claims that central processin...
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We perform sensitivity analysis of the classical newsvendor model. Conditions for symmetry/skewness of cost deviation (i.e., deviation of expected cost from its minimum) have been identified and its magnitude is studied by establishing a lower bound. We found the newsvendor model to be sensitive to sub-optimal ordering decisions.
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ژورنال
عنوان ژورنال: ACM SIGMETRICS Performance Evaluation Review
سال: 2012
ISSN: 0163-5999
DOI: 10.1145/2381056.2381063