@article{Zhao2026178,
title = "Dynamic raw material ordering under demand uncertainty: A Markov chain–Newsvendor approach",
journal = "Advances in Production Engineering & Management",
volume = "21",
number = "2",
pages = "178-200",
year = "2026",
note = "",
issn = "1854-6250",
doi = "https://doi.org/10.14743/apem2026.2.568",
url = "https://apem-journal.org/Archives/2026/Abstract-APEM21-2_178-200.html",
author = "Zhao Y. and Ma Z. and Wang Y. and Su X.",
keywords = "Supply chain management",
keywords = "Inventory management",
keywords = "Ordering of raw materials",
keywords = "Demand forecast",
keywords = "Markov chain",
keywords = "Newsvendor model",
keywords = "Decision support system"
}