Tong Wang

INSEAD

Boulevard de Constance

77305 Fontainebleau Cedex

France

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The Forecasting Newsvendor: Benefits of Improved Demand Forecasts When Acquisition Costs are Increasing

Number of pages: 26 Posted: 30 Apr 2007
Tong Wang, Atalay Atasu and Mumin Kurtulus
INSEAD, Georgia Institute of Technology - Sustainability and Vanderbilt University - Operations Management
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Abstract:

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newsvendor model, inventory management, forecasting, forecast updating