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In this paper, we develop a single-product and single-period model (a newsboy model) with Bayesian approach to study how the decision-maker in a seasonal goods production system to determine the production quantity and budget invested in demand forecastin

In this paper, we develop a single-product and single-period model (a newsboy model) with Bayesian approach to study how the decision-maker in a seasonal goods production system to determine the production quantity and budget invested in demand forecastin

本文经由模型推导,探讨使用贝氏估计法之单期季节性商品生産系统(报童问题)应如何订定生産计划及需求预测投资预算。