Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The one-shot decision theory (OSDT)has been utilized to solve newsvendor models for innovative products. In fact, OSDT based newsvendor models are a special kind of bilevel programming problems. The existing approaches may not be applicable for solving these models because they include nonconvex nonsmooth lor level optimization problems. ,  translate these models into conventional optimization models with considering the characteristics of the optimal solutions, which effectively handle the difficulties of the original newsvendor models. The theoretical results are given and a numerical example is used to show the effectiveness of the proposed methods.
['Xide Zhu', 'Peijun Guo']
I am writing a research paper on a idea Solving the one-shot decision theory based newsvendor models
[{"from": "human", "value": "I am writing a research paper on a idea Solving the one-shot decision theory based newsvendor models"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The one-shot decision theory (OSDT)has been utilized to solve newsvendor models for innovative products. In fact, OSDT based newsvendor models are a special kind of bilevel programming problems. The existing approaches may not be applicable for solving these models because they include nonconvex nonsmooth lor level optimization problems. ,  translate these models into conventional optimization models with considering the characteristics of the optimal solutions, which effectively handle the difficulties of the original newsvendor models. The theoretical results are given and a numerical example is used to show the effectiveness of the proposed methods."}]