The price-setting newsvendor with Poisson demand.
Benedikt SchulteAnna-Lena SachsPublished in: Eur. J. Oper. Res. (2020)
Keyphrases
- stochastic demand
- inventory models
- single item
- lost sales
- single period
- inventory control
- closed form
- demand function
- lead time
- lot sizing
- infinite horizon
- order quantity
- information asymmetry
- demand uncertainty
- poisson process
- inventory systems
- service level
- stochastic inventory
- poisson distribution
- supply chain
- inventory policy
- risk averse
- customer demand
- combinatorial auctions
- state space