{"title":"Newsboy problem with possibilistic information","authors":"P. Guo, Y. Chen","doi":"10.1109/FUZZ.2003.1209389","DOIUrl":null,"url":null,"abstract":"In this paper, the uncertainty of market of new products with short life cycle is characterized by possibility distribution. The possibilistic model for the newsboy problem, a one-shoot decision situation, is proposed. The new model is different significantly from the conventional newsboy model based on probability distribution in which maximizing expected utility is the goal.","PeriodicalId":212172,"journal":{"name":"The 12th IEEE International Conference on Fuzzy Systems, 2003. FUZZ '03.","volume":"101 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2003-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The 12th IEEE International Conference on Fuzzy Systems, 2003. FUZZ '03.","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/FUZZ.2003.1209389","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
In this paper, the uncertainty of market of new products with short life cycle is characterized by possibility distribution. The possibilistic model for the newsboy problem, a one-shoot decision situation, is proposed. The new model is different significantly from the conventional newsboy model based on probability distribution in which maximizing expected utility is the goal.
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