Extended Newsvendor models
- Extended Newsvendor models
Extended Newsvendor models are some variations of the classic Newsvendor problem involving production capacity constraints, multiple products, multiple production cycles, demand dependent selling price, etc. in the literature.
Further reading
* R.L. Zhan, Z.J.M. Shen: [http://www.informs-cs.org/wsc05papers/215.pdf Newsvendor Problem With Pricing: PROPERTIES, ALGORITHMS, AND SIMULATION] Proceedings of the 2005 Winter Simulation Conference
* E. J. Lodree: [http://www.scs.org/getDoc.cfm?id=2178 A Simulation Optimization Approach for the Two-Product Newsvendor Problem]
* P. Mileff, K. Nehez: [http://alpha.iit.uni-miskolc.hu/publications/pubs/2006h.pdf An Extended Newsvendor Model for Customized Mass Production] , AOM - Advanced modeling and Optimization. Electronic International Journal, Volume 8, Number 2. pp 169-186. (2006)
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