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Title: An overview of the newsboy problem.
Authors: Sze Wai Ming Evelyn, Teo Hwee Choo Judy, Sng Wei Leng Selena
Keywords: DRNTU::Business
Issue Date: 1997
Abstract: This study focuses on one type of single-period inventory problems known as the newsboy problem. The newsboy problem occurs in a single period and is characterised by one ordering opportunity and an uncertain demand which poses the difficulty in-determining the optimal order quantity. Any unused inventory will result in overstocking costs while a shortage of inventory will cause managers to incur losses in terms of lost sales and loss of goodwill.
Description: 145 p.
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)

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