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Expediting 1 Inventory 1 Lead-time-dependent pricing 1 Newsvendor 1 Procurement lead times 1
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Fu, Ke 1 Miao, Zhaowei 1 Xu, Jiayan 1
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European Journal of Operational Research 1
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Newsvendor with multiple options of expediting
Fu, Ke; Xu, Jiayan; Miao, Zhaowei - In: European Journal of Operational Research 226 (2013) 1, pp. 94-99
We consider a manufacturer facing single period inventory planning problem with uncertain demand and multiple options of expediting. The demand comes at a certain time in the future. The manufacturer may order the product in advance with a relatively low cost. She can order additional amount by...
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