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Analysis of two-period news-vendor problems with service-level constraints. (Chinese. English summary) Zbl 1340.90070
Summary: This paper discusses the single buyer’s optimal purchasing decision in two-period when facing opportunity constraints of service level. By constructing a model, the optimal ordering policy and the analytical solution to the optimal objective value are proposed. A numerical analysis is conducted for the sensitivity of the parameters in the model. Meanwhile, a comparison is made between the proposed model and the single period news-vendor problem with service level constraints in the literature. Finally, the impacts of the variation of parameters of these two models on optimal objective value and solution are analyzed.

MSC:
90B22 Queues and service in operations research
90C31 Sensitivity, stability, parametric optimization
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