Sourcing with random yields and stochastic demand: A newsvendor approach

Keyphrases

• Active Set Method 25%
• Buyers 100%
• Competitive Environment 25%
• Computational Study 25%
• Decision Maker 25%
• Governing Parameters 25%
• Managerial Implications 25%
• Mathematical Formulation 25%
• Maximization Problem 25%
• Newsvendor 100%
• Newton Search 25%
• Order Quantity 50%
• Profit Maximization 25%
• Quantity Decisions 25%
• Random Demand 25%
• Random Yield 100%
• Search Methods 25%
• Solution Algorithm 25%
• Solution Method 25%
• Stochastic Demand 100%
• Stochastic Nature 25%
• Supplier Selection 75%
• Supply Chain 50%
• Unit Cost 25%
• Yield Rate 25%

Social Sciences

• Consumers 50%
• Decision Maker 50%
• Outsourcing 50%
• Profit Maximization 50%
• Stochastics 100%
• Supplier Selection 100%
• Supply Chain Management 100%

Economics, Econometrics and Finance

• Order Quantity 50%
• Profit Maximization 50%
• Stochastic Demand 100%
• Supplier Evaluation 100%
• Unit Costs 50%