Research Article

Multiproduct Multiperiod Newsvendor Problem with Dynamic Market Efforts

Table 1

The computational performance of the solution approach.

⁢Problem sizeGap ()CPU time (seconds)
MinMaxAverageMinMaxAverage

 550.744.681.973.4514.6233.801
101.645.582.906.5477.6236.978
151.206.343.108.83510.179.328
1050.542.051.044.8207.4725.458
100.803.411.568.44011.1859.301
150.954.432.1315.80124.31517.021
2550.311.010.6710.82614.08612.167
100.462.331.3421.76223.01022.408
150.624.131.9733.01753.11537.775
5050.330.660.4713.87530.77325.099
100.551.871.3344.05362.55448.422
150.53117.989.6265.90187.03171.839