Solving a Distribution-Free Multi-Period Newsvendor Problem With Advance Purchase Discount via an Online Ordering Solution

In this paper, we study a distribution-free multi-period newsvendor problem with advance purchase discount (APD). In addition to the regular-order placed at the beginning of each period, a decision-maker (DM) can also commit to an advance-order from the upstream supplier and receive discounts. The g...

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Bibliographic Details
Main Authors: Rui Wang, Xiao Yan, Chuanjin Zhu
Format: Article
Language:English
Published: SAGE Publishing 2023-06-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440231181101