A quadratic programming approach to the multi-product newsvendor problem with side constraints

被引:49
作者
Abdel-Malek, Layek L. [1 ]
Areeratchakul, Nathapol
机构
[1] New Jersey Inst Technol, Dept Ind & Mfg Engn, Newark, NJ 07102 USA
[2] King Mongkuts Inst Technol, Dept Ind Engn, Bangkok 10800, Thailand
关键词
newsvendor problem; optimization; quadratic programming;
D O I
10.1016/j.ejor.2005.11.002
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
A quadratic programming approach is proposed for solving the newsvendor problem with side constraints. Among its salient features are the facts that it: utilizes familiar packages to solve the problem such as Excel Solver and Lingo, can accommodate lower bounds of product's demands that are larger than zero, and facilitates the performance of sensitivity analysis tasks. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:1607 / 1619
页数:13
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