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The Distribution Free Newsboy Problem with Balking

  • Technical Note
  • Published:
Journal of the Operational Research Society

Abstract

The purpose of this paper is to study the classic newsboy model with more realistic assumptions. First, we allow customers to balk when inventory level is low. Secondly, we relax the assumption that the cumulative distribution function of the demand is completely known and merely assume that the first two moments of the distribution function are known.

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Authors and Affiliations

  1. Pusan National University, Korea

    Ilkyeong Moon & Sangjin Choi

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  1. Ilkyeong Moon
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  2. Sangjin Choi
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Moon, I., Choi, S. The Distribution Free Newsboy Problem with Balking. J Oper Res Soc 46, 537–542 (1995). https://doi.org/10.1057/jors.1995.73

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  • DOI: https://doi.org/10.1057/jors.1995.73

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