Tackling the Investment Decision as a “Newsvendor Problem”
No Access Until
The newsvendor model is a classic approach to determining how to set appropriate inventory levels for products whose value is perishable. While the newsvendor analysis does not yield the richness of data found in a simulation-based model, newsvendor analysis provides a relatively simple way to determine inventory levels.
Journal / Series
Volume & Issue
inventory analysis; newsvendor model
Number of Workers
Based on Related Item
Has Other Format(s)
Part of Related Item
Link(s) to Related Publication(s)
Link(s) to Reference(s)
Previously Published As
Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.