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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/19760

    Title: A generalized newsboy problem with purchase timing
    Authors: Chen, Miao-sheng;Chuang, Chung-chu
    Contributors: 淡江大學經營決策學系
    Date: 2000-03
    Issue Date: 2009-11-30 12:21:02 (UTC+8)
    Publisher: New Delhi: TARU Publications
    Abstract: This paper deals with the simultaneous determinations of optimal purchase timing and optimal order quantity at a purchase price discount in a generalized newsboy problem. It is assumed that the distribution of the demand with a decreasing variance over the time represents the forecasting ability of the buyer. Thus, in addition to the well-known tradeoffs associated with stocking products under uncertain spot demand, there is an additional tradeoff associated with the purchase cost depending on the purchase timing. A model is proposed, and the solutions are interpreted and compared for some particular set of parameter values.
    Relation: Journal of statistics and management systems 3(1), pp.91-104
    DOI: 10.1080/09720510.2000.10701008
    Appears in Collections:[Department of Management Sciences] Journal Article

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