Single-period newsvendor problem under random end-of-season demand

References

• Alwan, L. C., Xu, M., Yao, D.-Q., & Yue, X. (2016). The dynamic newsvendor model with correlated demand. Decision Sciences, 47(1), 11–30.
   Web of Science ®Google Scholar
• Arikan, E., & Fichtinger, J. (2017). The risk-averse newsvendor problem under special risk measures: A classification with extensions. European Journal of Operational Research, 256(1), 116–125.
   Google Scholar
• Benzion, U., Cohen, Y., Peled, R., & Shavit, T. (2008). Decision-making and the newsvendor problem: An experimental study. Journal of the Operational Research Society, 59(9), 1281–1287.
   Web of Science ®Google Scholar
• Cachon, G. P., & Kok, A. G. (2007). Implementation of the newsvendor model with clearance pricing: How to (and how not to) estimate a salvage value. Manufacturing & Service Operations Management, 9(3), 276–290.
   Web of Science ®Google Scholar
• Cohn, A. S. (2016, January 7). A fresh start at Dover Street market, and an end-of-season sale at Totokaelo. The New York Times, p. 4.
   Google Scholar
• Ding, X., Puterman, M. L., & Bisi, A. (2002). The censored newsvendor and the optimal acquisition of information. Operations Research, 50(3), 517–527.
   Web of Science ®Google Scholar
• Gallego, G. (1995). The newsvendor problem. Retrieved June 9, 2017, from http://www.columbia.edu/*gmg2/4000/pdf/lect_07.pdf
   Google Scholar
• Gallego, G., & Moon, I. (1993). The distribution-free newsvendor problem: Review and extensions. Journal of the Operational Research Society, 44(8), 825–834.
   Web of Science ®Google Scholar
• Gupta, D., Hill, A. V., & Bouzdine-Chameeva, T. (2006). A pricing model for clearing end-of-season retail inventory. European Journal of Operational Research, 170(2), 518–540.
   Google Scholar
• Halkos, G. E., & Kevork, I. S. (2013). Evaluating alternative frequentist inferential approaches for optimal order quantities in the newsvendor model under exponential demand. International Transactions in Operational Research, 20(6), 837–857.
   Google Scholar
• Karakul, M. (2008). Joint pricing and procurement of fashion products in the existence of clearance markets. International Journal of Production Economics, 114(2), 487–506.
   Web of Science ®Google Scholar
• Khanra, A., Soman, C., & Bandyopadhyay, T. (2014). Sensitivity analysis of the newsvendor model. European Journal of Operational Research, 239(2), 403–412.
   Web of Science ®Google Scholar
• Khouja, M. (1996). A note on the newsboy problem with an emergency supply option. Journal of the Operational Research Society, 47(12), 1530–1534.
   Web of Science ®Google Scholar
• Khouja, M. (1999). The single-period (newsvendor) problem: Literature review and suggestions for future research. Omega, 27(5), 537–553.
   Web of Science ®Google Scholar
• Lau, H.-S. (1997). Simple formulas for the expected costs in the newsboy problem: An educational note. European Journal of Operational Research, 100(3), 557–561.
   Web of Science ®Google Scholar
• Lee, H., & Whang, S. (2002). The impact of the secondary market on the supply chain. Management Science, 48(6), 719–731.
   Web of Science ®Google Scholar
• Ma, L., Xue, W., Zhao, Y., & Zeng, Q. (2016). Loss-averse newsvendor problem with supply risk. Journal of the Operational Research Society, 67(2), 214–228.
   Web of Science ®Google Scholar
• Moon, I., & Choi, S. (1995). The distribution-free newsboy problem with balking. Journal of the Operational Research Society, 46(4), 537–542.
   Web of Science ®Google Scholar
• Petruzzi, N. C., & Dada, M. (1999). Pricing and the newsvendor problem: A review with extensions. Operations Research, 47(2), 183–194.
   Web of Science ®Google Scholar
• Qin, Y., Wang, R., Vakharia, A. J., Chen, Y., & Seref, M. M. H. (2011). The newsvendor problem: Review and directions for future research. European Journal of Operational Research, 213(2), 361–374.
   Web of Science ®Google Scholar
• Rossi, R., Prestwich, S., Tarim, S. A., & Hnich, B. (2014). Confidence- based optimisation for the newsvendor problem under binomial, poisson and exponential demand. European Journal of Operational Research, 239(3), 674–684.
   Web of Science ®Google Scholar
• Schweitzer, M. E., & Cachon, G. P. (2000). Decision bias in the newsvendor problem with a known demand distribution: Experimental evidence. Management Science, 46(3), 404–420.
   Web of Science ®Google Scholar
• Silver, E. A., Pyke, D. F., & Peterson, R. P. (1998). Inventory management and production planning and scheduling. New York, NY: Wiley.
   Google Scholar
• The Economic Times. (2016, January 12). Is it end of sales season? The Economic Times e-paper.
   Google Scholar
• Wang, C. X., & Webster, S. (2009). Markdown money contracts for perishable goods with clearance pricing. European Journal of Operational Research, 196(3), 1113–1122.
   Web of Science ®Google Scholar
• Wang, C. X., Webster, S., & Suresh, N. C. (2009). Would a risk-averse newsvendor order less at a higher selling price? European Journal of Operational Research, 196(2), 544–553.
   Web of Science ®Google Scholar
• Whitin, T. M. (1955). Inventory control and price theory. Management Science, 2(1), 61–68.
   Google Scholar