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Digital
Library of the European Council for Modelling and Simulation |
Title: |
|
Authors: |
Tomasz
Brzeczek |
Published in: |
2020). ECMS 2020 Proceedings
Edited by: Mike Steglich, Christian Muller, Gaby
Neumann, Mathias Walther, European Council for Modeling and Simulation. DOI: http://doi.org/10.7148/2020 ISSN:
2522-2422 (ONLINE) ISSN:
2522-2414 (PRINT) ISSN:
2522-2430 (CD-ROM) ISBN: 978-3-937436-68-5 Communications of the ECMS , Volume 34, Issue 1, June 2020, United Kingdom |
Citation
format: |
Tomasz Brzeczek
(2020). Sales Forecasting And Newsboy Model Techniques Integrated For
Merchandise Planning And Business Risk Optimization,
ECMS 2020 Proceedings Edited By: Mike Steglich,
Christian Mueller, Gaby Neumann, Mathias Walther European Council for
Modeling and Simulation. doi:
10.7148/2020-0111 |
DOI: |
https://doi.org/10.7148/2020-0111 |
Abstract: |
We consider a descrete newsboy problem of a supply quantity optimization to maximize profit and minimize risk objectives. Results show an advantage of introduction of time series data modelling and forecasting into simulation of demand distribution. |
Full
text: |