A general solution for the newsboy model with random order size and possibly a cutoff transaction size.
Haim ShorePublished in: J. Oper. Res. Soc. (2004)
Keyphrases
- computational model
- mathematical model
- management system
- small size
- data structure
- formal model
- reinforcement learning
- statistical model
- high level
- theoretical analysis
- database
- probability distribution
- hidden markov models
- objective function
- theoretical framework
- cost function
- special case
- experimental data
- closed form
- sensitivity analysis
- computational complexity
- neural network