eoq

Diversification under Yield Randomness in Inventory Models

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Paper

Diversification under yield randomness in inventory models
Year: 
1993

I haven’t really touched on the early research on risks in supply chain management. One major stream is on random yields. Parlar and Wang (1993) were one of the firsts to extend the classic Newsboy and EOQ (Economic Order Quantity) models to include uncertainty.

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