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Estimating conservative profitability of a newsboy-type product with exponentially distributed demand based on multiple samples.
Rung-Hung Su
Dong-Yuh Yang
He-Jhen Lin
Yu-Cheng Yang
Published in:
Ann. Oper. Res. (2023)
Keyphrases
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market share
dynamic programming
production planning
profit maximizing
random variables
numerical examples
customer demand