National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Market of newsboys
Bureček, Tomáš ; Lachout, Petr (advisor) ; Kopa, Miloš (referee)
This thesis solves the task of a newspaper vendor, which fits into the classical tasks of stochastic programming. The work includes an extension to the market of newsboys and also considers various influences that vendors may suffer. A continuous version of the problem is considered. The task is to find the optimal amount of product the buyer can buy to maximize his yield. The thesis discusses the issue of solving this problem. First, the problem is demonstrated in a easier version, and later this problem is developed. Finally, we find an iterative algorithm that calculates the approximate solution and demonstrates its functionality on an example. 1

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