Decision-making and the newsvendor problem: An experimental study

Keyphrases

• Demand Distribution 50%
• Demand Level 50%
• Demand Uncertainty 50%
• Expected Profit 100%
• Newsvendor Problem 100%
• Order Size 50%
• Perishable Items 50%
• Purchase Decision 50%
• Purchase Order 50%
• Repetitive Purchase 50%

Psychology

• Decision Making 100%