A Review on Fixed-Cost & Newsvendor Models For Inventory Control

Analyzing the Impact of Uncertain Demand on Single Period Inventory Management

Authors

  • Anupam Semwal Sai Nath University, Ranchi, Jharkhand Author

Keywords:

inventory control, fixed-cost models, newsvendor models, single period inventory, uncertain demand

Abstract

In this paper weinvestigate the single period inventory in a general uncertain environment.Here it is assumed that the uncertainty appears in the market demand of theproduct. Uncertain demand is used to describe a subjective estimate [14].

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Published

2014-11-01

Issue

Vol. 7 No. 10 (2014): International Journal of Information Technology and Management (IJITM)

Section

Articles