newsvendor problem. In high margin settings, males tend to order more than females, and they also tend to achieve higher profits … them to order more in the newsvendor problem (in high margin settings). We show that the risk-ordering relationship is …

placed. In practice, however, a variety of factors may cause orders to arrive out of sequence, a phenomenon known as order … outstanding, and orders may arrive in a different sequence than placed. If such order crossover occurs, traditional inventory … orders may cross over in practice and investigates the implications of order crossover to inventory management policies. We …

sufficient statistics for finding the optimal order quantities. Furthermore, we establish that the optimal ordering policy is of …

are in the order of T^{2/3}(logT)^{1/2} and T^{1/2}logT in the cases of nonparametric and parametric noise distributions …

ina free-boundary problem that shows that the optimality of a (γ, Γ) policy, where γ and Γ are the ordering and order …-up-to boundaries, respectively, such that we order only when the inventory is below γ and then order up to a specified point in Γ. We …