In the case of one product, obtain Qt+1 y (wt ) if demand follows a negative exponential distribution with known parameter λ . Based on Louveaux [1978], extend the MQSP to the piecewise convex case,...

In the case of one product, obtain Qt+1 y (wt ) if demand follows a negative exponential distribution with known parameter λ . Based on Louveaux [1978], extend the MQSP to the piecewise convex case, then solve the problem with λ = 0.01 and 0.02 for the two periods.