Efficient solvers for optimization problems are based on linear and semidefinite relaxations that use floating point arithmetic. However, due to the rounding er
In the classical Newsboy problem, we provide a new proof for the tight range of optimal order quantities for the newsboy problem when only the mean and standard
In classical convex optimization theory, the Karush-Kuhn-Tucker (KKT) optimality conditions are necessary and sufficient for optimality if the objective as well
In this paper, considering a scenario in which there are two quality levels of fresh products and introduction of consumer utility function, we studied the opti