Optimal solutions under risk and uncertainty for several variations of the newsboy problem

Optimal solutions under risk and uncertainty for several variations of the newsboy problem

Approved for public release, distribution is unlimited === Four variations of the well-known newsboy problems are investigated for their optimal solutions using several principles of choice. Two "mixed" newsboy problems which are addressed are the continuous supply, discrete demand proble...

Full description

Bibliographic Details
Main Author: Khayim, Sutat
Other Authors: Lindsay, George F.
Language:en_US
Published: Monterey, California; Naval Postgraduate School 2012
Online Access:http://hdl.handle.net/10945/19004
id ndltd-nps.edu-oai-calhoun.nps.edu-10945-19004
record_format oai_dc
spelling ndltd-nps.edu-oai-calhoun.nps.edu-10945-190042015-05-22T16:02:44Z Optimal solutions under risk and uncertainty for several variations of the newsboy problem Khayim, Sutat Lindsay, George F. Taylor, Charles F. Naval Postgraduate School Department of Operations Research Approved for public release, distribution is unlimited Four variations of the well-known newsboy problems are investigated for their optimal solutions using several principles of choice. Two "mixed" newsboy problems which are addressed are the continuous supply, discrete demand problem and the discrete supply, continuous demand problem. Additionally, two "package supply" newsboy problems are investigated. For all four problems, optimal solutions are given to minimize expected cost, maximize the probability that cost is below an aspiration level, meet the Laplace criterion, and minimax cost. 2012-11-16T21:01:26Z 2012-11-16T21:01:26Z 1980-03 Thesis http://hdl.handle.net/10945/19004 en_US Copyright is reserved by the copyright owner. Monterey, California; Naval Postgraduate School
collection NDLTD
language en_US
sources NDLTD
description Approved for public release, distribution is unlimited === Four variations of the well-known newsboy problems are investigated for their optimal solutions using several principles of choice. Two "mixed" newsboy problems which are addressed are the continuous supply, discrete demand problem and the discrete supply, continuous demand problem. Additionally, two "package supply" newsboy problems are investigated. For all four problems, optimal solutions are given to minimize expected cost, maximize the probability that cost is below an aspiration level, meet the Laplace criterion, and minimax cost.
author2 Lindsay, George F.
author_facet Lindsay, George F.
Khayim, Sutat
author Khayim, Sutat
spellingShingle Khayim, Sutat
Optimal solutions under risk and uncertainty for several variations of the newsboy problem
author_sort Khayim, Sutat
title Optimal solutions under risk and uncertainty for several variations of the newsboy problem
title_short Optimal solutions under risk and uncertainty for several variations of the newsboy problem
title_full Optimal solutions under risk and uncertainty for several variations of the newsboy problem
title_fullStr Optimal solutions under risk and uncertainty for several variations of the newsboy problem
title_full_unstemmed Optimal solutions under risk and uncertainty for several variations of the newsboy problem
title_sort optimal solutions under risk and uncertainty for several variations of the newsboy problem
publisher Monterey, California; Naval Postgraduate School
publishDate 2012
url http://hdl.handle.net/10945/19004
work_keys_str_mv AT khayimsutat optimalsolutionsunderriskanduncertaintyforseveralvariationsofthenewsboyproblem
_version_ 1716804119441702912

Similar Items