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A dynamical newsboy-type inventory problem

Abstract

In stochastic inventory theory the classical newsboy problem constitutes the most investigated basic problem as the stepping-stone to more sophisticated models. Surprisingly some recent work has opened up a few new vistas in the old theme partly out of needs in certain industrial applications of controversies around the standard paradigm, or the desire for more efficient computations or data-fitting methodologies. The report discusses a dynamical stochastic 2-phase model yielding meaningful results, extending some previous work in the area and seemingly amenbable to further developments and applications. 10 refs.
Authors:
Publication Date:
Oct 01, 1991
Product Type:
Technical Report
Report Number:
IC-91/338
Reference Number:
SCA: 661300; PA: AIX-23:023461; SN: 92000682180
Resource Relation:
Other Information: PBD: Oct 1991
Subject:
71 CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS; INVENTORIES; MATHEMATICAL MODELS; ALGORITHMS; STOCHASTIC PROCESSES; 661300; OTHER ASPECTS OF PHYSICAL SCIENCE
OSTI ID:
10126078
Research Organizations:
International Centre for Theoretical Physics (ICTP), Trieste (Italy)
Country of Origin:
IAEA
Language:
English
Other Identifying Numbers:
Other: ON: DE92619243; TRN: XA9230566023461
Availability:
OSTI; NTIS (US Sales Only); INIS
Submitting Site:
INIS
Size:
9 p.
Announcement Date:
Jul 04, 2005

Citation Formats

Machado, H. A dynamical newsboy-type inventory problem. IAEA: N. p., 1991. Web.
Machado, H. A dynamical newsboy-type inventory problem. IAEA.
Machado, H. 1991. "A dynamical newsboy-type inventory problem." IAEA.
@misc{etde_10126078,
title = {A dynamical newsboy-type inventory problem}
author = {Machado, H}
abstractNote = {In stochastic inventory theory the classical newsboy problem constitutes the most investigated basic problem as the stepping-stone to more sophisticated models. Surprisingly some recent work has opened up a few new vistas in the old theme partly out of needs in certain industrial applications of controversies around the standard paradigm, or the desire for more efficient computations or data-fitting methodologies. The report discusses a dynamical stochastic 2-phase model yielding meaningful results, extending some previous work in the area and seemingly amenbable to further developments and applications. 10 refs.}
place = {IAEA}
year = {1991}
month = {Oct}
}