Newsvendor Problem: Computer Simulation and Analysis
Computer simulation of the newsvendor problem with key parameters: %tm - predetermined simulation days per experiment cycle, %t - cumulative simulation days per experimental cycle, %z - newspaper order quantity, %z_opt - optimal order quantity, %g - upper bound for order quantity z, %s1 - cumulative loss value, %s_min - minimum loss value, %r - generates random sales quantity samples from probability distribution