A Conformal Approach to Feature-based Newsvendor under Model
Misspecification
A Conformal Approach to Feature-based Newsvendor under Model
Misspecification
In many data-driven decision-making problems, performance guarantees often depend heavily on the correctness of model assumptions, which may frequently fail in practice. We address this issue in the context of a feature-based newsvendor problem, where demand is influenced by observed features such as demographics and seasonality. To mitigate the impact …