TY - JOUR
T1 - A quadratic programming approach to the multi-product newsvendor problem with side constraints
AU - Abdel-Malek, Layek L.
AU - Areeratchakul, Nathapol
N1 - Funding Information:
The authors are indebted to an anonymous reviewer for a constructive critique that helped them in sharpening this paper and to Dr. Marion Tuttle of NJIT for her editorial helps. Also, the authors would like to acknowledge the partial support provided by US Army Grant # W15QKN-04-R-0512.
PY - 2007/2/1
Y1 - 2007/2/1
N2 - 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.
AB - 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.
KW - Newsvendor problem
KW - Optimization
KW - Quadratic programming
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U2 - 10.1016/j.ejor.2005.11.002
DO - 10.1016/j.ejor.2005.11.002
M3 - Article
AN - SCOPUS:33750203619
SN - 0377-2217
VL - 176
SP - 1607
EP - 1619
JO - European Journal of Operational Research
JF - European Journal of Operational Research
IS - 3
ER -