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- Publisher Website: 10.1080/07408179108963839
- Scopus: eid_2-s2.0-0026116311
- WOS: WOS:A1991FD18400005
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Article: Two-product newsboy problem with satisficing objective and independent exponential demands
Title | Two-product newsboy problem with satisficing objective and independent exponential demands |
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Authors | |
Issue Date | 1991 |
Publisher | Taylor & Francis Inc. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/0740817x.asp |
Citation | IIE Transactions (Institute Of Industrial Engineers), 1991, v. 23 n. 1, p. 29-39 How to Cite? |
Abstract | While all previous research on the newsboy problem considered the single-product case, a recently published paper studied a two-product newsboy problem under the objective of maximizing the probability of achieving a profit target. Numerical solutions to this problem reveal some very intriguing properties, but little analytical results were obtained. This paper presents an analytical solution procedure to the problem for the case of exponentially distributed independent demands. Our analytical structure reveals even more intriguing properties, and confirms that the multiproduct extension of the newsboy problem is a very challenging and fruitful research area. |
Persistent Identifier | http://hdl.handle.net/10722/177836 |
ISSN | 2018 Impact Factor: 2.884 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Li, Jing | en_US |
dc.contributor.author | Lau, HonShiang | en_US |
dc.contributor.author | Lau, Amy HingLing | en_US |
dc.date.accessioned | 2012-12-19T09:40:31Z | - |
dc.date.available | 2012-12-19T09:40:31Z | - |
dc.date.issued | 1991 | en_US |
dc.identifier.citation | IIE Transactions (Institute Of Industrial Engineers), 1991, v. 23 n. 1, p. 29-39 | en_US |
dc.identifier.issn | 0740-817X | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177836 | - |
dc.description.abstract | While all previous research on the newsboy problem considered the single-product case, a recently published paper studied a two-product newsboy problem under the objective of maximizing the probability of achieving a profit target. Numerical solutions to this problem reveal some very intriguing properties, but little analytical results were obtained. This paper presents an analytical solution procedure to the problem for the case of exponentially distributed independent demands. Our analytical structure reveals even more intriguing properties, and confirms that the multiproduct extension of the newsboy problem is a very challenging and fruitful research area. | en_US |
dc.language | eng | en_US |
dc.publisher | Taylor & Francis Inc. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/0740817x.asp | en_US |
dc.relation.ispartof | IIE Transactions (Institute of Industrial Engineers) | en_US |
dc.title | Two-product newsboy problem with satisficing objective and independent exponential demands | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lau, Amy HingLing: ahlau@business.hku.hk | en_US |
dc.identifier.authority | Lau, Amy HingLing=rp01072 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1080/07408179108963839 | - |
dc.identifier.scopus | eid_2-s2.0-0026116311 | en_US |
dc.identifier.volume | 23 | en_US |
dc.identifier.issue | 1 | en_US |
dc.identifier.spage | 29 | en_US |
dc.identifier.epage | 39 | en_US |
dc.identifier.isi | WOS:A1991FD18400005 | - |
dc.publisher.place | United States | en_US |
dc.identifier.scopusauthorid | Li, Jing=36076739200 | en_US |
dc.identifier.scopusauthorid | Lau, HonShiang=7201497264 | en_US |
dc.identifier.scopusauthorid | Lau, Amy HingLing=7202626080 | en_US |
dc.identifier.issnl | 0740-817X | - |