Multiproduct Multiperiod Newsvendor Problem with Dynamic Market Efforts

We study a multiperiod multiproduct production planning problem where the production capacity and the marketing effort on demand are both considered. The accumulative impact of marketing effort on demand is captured by the Nerlove and Arrow (N-A) advertising model. The problem is formulated as a dis...

Full description

Bibliographic Details
Published in:Discrete Dynamics in Nature and Society
Main Authors: Jianmai Shi, Yiping Bao
Format: Article
Language:English
Published: Wiley 2016-01-01
Online Access:http://dx.doi.org/10.1155/2016/7674027