Newsvendor problem under complete uncertainty: a case of innovative products
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DOI: 10.1007/s10100-016-0458-3
Abstract: The paper presents a new scenario-based decision rule for the classical version of the newsvendor problem (NP) under complete uncertainty (i.e. uncertainty with unknown probabilities). So far, NP has been analyzed under uncertainty with known… read more here.
Keywords: newsvendor problem; uncertainty; problem complete; innovative products ... See more keywords