Effects of centralization on expected profits in a multi-location newsboy problem

Lin C-T, Chen C-B and Hsieh H-J
Additional contact information
Lin C-T: Yuanpei Institute of Science and Technology, Hsin Chu
Chen C-B: Ming Chuan University
Hsieh H-J: Ming Chuan University

Journal of the Operational Research Society, 2001, vol. 52, issue 7, 839-841

Abstract: Abstract This paper develops a single-period, single-product inventory model with several individual sources of demand. It is a multi-location problem with an opportunity for centralization. Both decentralized and centralized inventory systems are also examined to extend the Ravindram, Phillips and Solberg (RPS) model to constitute a new inventory model. Two theorems that include the results of the RPS model are proved in the new inventory model.

Keywords: newsboy problem; inventory model (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1057/palgrave.jors.2601077 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:52:y:2001:i:7:d:10.1057_palgrave.jors.2601077

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/palgrave.jors.2601077

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().