Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
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Publication:3793908
DOI10.1287/mnsc.31.9.1150zbMath0648.90022WikidataQ100707053 ScholiaQ100707053MaRDI QIDQ3793908
Publication date: 1985
Published in: Management Science (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/mnsc.31.9.1150
unknown demand; Bayesian formulation; multidimensional state space; optimal Bayesian ordering policy; periodic review inventory problem; reparable items
90C90: Applications of mathematical programming
90B05: Inventory, storage, reservoirs
90C39: Dynamic programming
90C40: Markov and semi-Markov decision processes
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