Research Article

The Distribution-Free Newsboy Problem with Multiple Discounts and Upgrades

Table 1

Data and the optimal results for the basic and distribution-free model with a storage constraint.

 Parameter12345

 120100220160130
8075170105100
60 (0.5)65 (0.35)120 (0.455)75 (0.531)65 (0.5)
200250120150180
4050153040
217128.516.25

Without
storage
constraint
257.57315.46138.82192.18205.20
257.40314.33138.80192.15205.84
8246.496277.356071.148495.515020.77
8246.496277.246071.148495.515020.67

With
storage
constraint
107.94253.05124.89172.140
105.86257.18125.14173.500
4313.665876.845911.798337.450
4231.195929.645917.358358.550