Article ID Journal Published Year Pages File Type
7543913 Operations Research Letters 2018 15 Pages PDF
Abstract
We consider the price-setting newsvendor problems with linear additive demand, nonlinear salvage revenue and nonlinear shortage penalty costs. We prove existence-uniqueness of the optimal solution and investigate the equivalence of our model to related models in the literature.
Keywords
Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
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The price-setting newsvendor with nonlinear salvage revenue and shortage cost
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