Cachon, Gérard P.; Kök, A. Gürhan - In: Manufacturing & Service Operations Management 9 (2007) 3, pp. 276-290
The newsvendor model is designed to decide how much of a product to order when the product is to be sold over a short selling season with stochastic demand and there are no additional opportunities to replenish inventory. There are many practical situations that reasonably conform to those...