论文信息 - Strategies for a blind newsboy

Strategies for a blind newsboy

Three variations of the newsboy problem, the newsboy problem with fixed container size, the problem of the just-in-time newsboy and the newsboy problem with demand-dependent pricing are analyzed with respect to the value of information. This is determined by comparing the profit of a blind newsboy, who only knows the demand distribution, with the profit of a clear-sighted newsboy, who can accurately predict sales. It is shown that the disadvantage of the blind newsboy is diminished by just-in-time supplies or demand-dependent pricing.

Rommert J. Casimir | R. J. Casimir

[1] Amy Hing-Ling Lau,et al. The Newsboy Problem With Price-Dependent Demand Distribution , 1988 .

[2] A. Lau,et al. The newsstand problem: A capacitated multiple-product single-period inventory problem , 1996 .

[3] G. Gallego,et al. The Distribution Free Newsboy Problem: Review and Extensions , 1993 .

[4] I. Moon,et al. The Distribution Free Newsboy Problem with Balking , 1995 .

[5] M. Khouja. The newsboy problem under progressive multiple discounts , 1995 .

[6] A. Mehrez,et al. A two-item newsboy problem with substitutability , 1996 .

[7] John Hudson,et al. Standardization and the costs of assessing quality , 1996 .

[8] James R. Beniger. The Control Revolution: Technological and Economic Origins of the Information Society , 1986 .

[9] R. J. Casimir. The newsboy and the flower-girl , 1990 .

[10] S. Tsubakitani,et al. Newsboy-style Results for Multi-echelon Inventory Problems: Backorders Optimization with Intermediate Delays , 1991 .

[11] M. Khouja. A Note on the Newsboy Problem with an Emergency Supply Option , 1996 .

[12] William J. Doll,et al. Information technology's strategic impact on the American air travel service industry , 1989, Inf. Manag..

[13] Henry Mintzberg,et al. Structure in Fives: Designing Effective Organizations , 1983 .

[14] Meir J. Rosenblatt,et al. Single‐period inventory models with demand uncertainty and quantity discounts: Behavioral implications and a new solution procedure , 1985 .