Optimal supply against fluctuating demand

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dc.creatorSakai, Nobuyuki
dc.creatorKudoh, Hisanori
dc.date2005-03-29
dc.date.accessioned2026-07-07T12:07:31Z
dc.date.available2026-07-07T12:07:31Z
dc.descriptionSornette et al. claimed that the optimal supply does not agree with the average demand, by analyzing a bakery model where a daily demand fluctuates with a uniform distribution. In this note, we extend the model to general probability distributions, and obtain the formula of the optimal supply for Gaussian distribution, which is more realistic. Our result is useful in a real market to earn the largest income on average.
dc.description2 pages
dc.identifierhttps://arxiv.org/abs/physics/0503214
dc.identifierhttp://arxiv.org/abs/physics/0503214
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/208994
dc.subjectPhysics and Society
dc.subjectGeneral Finance
dc.titleOptimal supply against fluctuating demand
dc.typetext

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