Extended newsvendor model
Extended newsvendor models are variations of the classic newsvendor model involving production capacity constraints, multiple products, multiple production cycles, demand dependent selling price, etc. that appear in the Operations management literature.
Further reading
- E. J. Lodree: A Simulation Optimization Approach for the Two-Product Newsvendor Problem
- P. Mileff, K. Nehez: An Extended Newsvendor Model for Customized Mass Production, AOM – Advanced modeling and Optimization. Electronic International Journal, Volume 8, Number 2. pp 169–186. (2006)
- P. Mileff, K. Nehez: Evaluating the Proper Service Level In a Cooperate Supply Chain Environment, MIM'07. IFAC workshop on manufacturing modelling, management and control. Budapest, Hungary. pp 123–126. (2007)
gollark: A lot of political arguments are also something like "abortion is murder" / "abortion is important for choice", where you just associate it with badness/goodness tangentially to taint it with that badness/goodness.
gollark: Nevertheless, people will go around actually answering it based on whether they associate warm fuzzy feelings™️ with Israel or Palestine.
gollark: That's not really a well-stated question. It doesn't actually depend on the state of some thing which exists in the world.
gollark: Consider a question like "Israel or Palestine?".
gollark: You connect it with a *good* thing and it somehow seems better.
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