Extended newsvendor models are variations of the classic
newsvendor model involving production capacity constraints, multiple products, multiple production cycles, demand dependent selling price, etc. that appear in the
Operations management literature.
Further reading
* E. J. Lodree
A Simulation Optimization Approach for the Two-Product Newsvendor Problem* P. Mileff, K. Nehez
An Extended Newsvendor Model for Customized Mass Production AOM – Advanced modeling and Optimization. Electronic International Journal, Volume 8, Number 2. pp 169–186. (2006)
* P. Mileff, K. Nehez
Evaluating the Proper Service Level In a Cooperate Supply Chain Environment MIM'07. IFAC workshop on manufacturing modelling, management and control. Budapest, Hungary. pp 123–126. (2007)
Inventory optimization
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