Contents

• Contents
• 1 Introduction
• 2 The newsboy paradigm
  • 1 Description of the problem
  • 2 The cost of uncertainty
• 3 Behavior of various families of distribution functions
  • 1 Normal model
  • 2 Lognormal model
  • 3 Triangular model
  • 4 Two Diracs model
• 4 Discussion about hypotheses
• 5 Max-min problems
  • 1 General statement
  • 2 Max-min, using triangular models
  • 3 Comparison with the Scarf's result
• 6 Conclusion
• Bibliography