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A Multi-dimensional Newsboy Problem with Substitution

  • Alan J. King,
  • Stein W. Wallace

摘要

In this chapter you will meet a problem which is inherently two-stage. The first inherent stage is to decide on production levels for a number of substitutable products with correlated demands. This is followed by a second stage where demand is met, partly by giving customers what they want, partly by giving them acceptable substitutes.