Problem definition: Due to complex electrochemical reactions and physical conditions, the quality of used products (cores) is highly uncertain. The remanufacturer needs to make the acquisition decision under the quality distributional ambiguity. The perfect quality distribution of cores cannot...

Analytically solving the classic newsvendor problem relies on a known demand distribution. In practice, however, it is not easy to approximate a sufficiently accurate demand distribution. This results in the obtained analytical solution may not be optimal. To address this issue, we propose a...

Analytically solving the classic newsvendor problem relies on a known demand distribution. In practice, however, it is not easy to approximate a sufficiently accurate demand distribution. This results in the obtained analytical solution may not be optimal. To address this issue, we propose a...