Introduction
  • Instructor Introduction
  • Course Overview
Fundamentals of Newsvendor Model
  • What is a Perishable Product?
  • Elements of Newsvendor Model
  • Finding Parameters
Finding the Optimal Order Quantity
  • Identifying Demand Probability Distribution
  • Demand Distribution
  • Uniform Distribution
  • Finding the Optimal Order Quantity (Uniform Distribution)
  • Normal Distribution
  • General Distribution
Extensions
  • Newsvendor Model for Overbooking
  • Simulation
  • Developing a Simulation