Demand estimation in lost sales inventory systems

DOI<link itemprop=identifier href="https://doi.org/10.1002/1520-6750(199410)41:6<739::AID-NAV3220410605>3.0.CO;2-A" /><739::AID-NAV3220410605>3.0.CO;2-A 10.1002/1520-6750(199410)41:6<739::AID-NAV3220410605>3.0.CO;2-AzbMath0812.90040OpenAlexW2022566829MaRDI QIDQ4314870

Steven Nahmias

Publication date: 1 December 1994

Full work available at URL: https://doi.org/10.1002/1520-6750(199410)41:6<739::aid-nav3220410605>3.0.co;2-a

zbMATH Keywords

maximum likelihood estimatorsimulationsbest linear unbiased estimatorlost sales inventory systems

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (19)

Dynamic pricing and inventory control with learning ⋮ Confidence-based optimisation for the newsvendor problem under binomial, Poisson and exponential demand ⋮ The multi-item newsvendor model with cross-selling and the solution when demand is jointly normally distributed ⋮ Technical Note—Managing Nonperishable Inventories with Learning About Demand Arrival Rate Through Stockout Times ⋮ A New Generalized Newsvendor Model with Random Demand and Cost Misspecification ⋮ Demand Estimation and Ordering Under Censoring: Stock-Out Timing Is (Almost) All You Need ⋮ Bayesian demand updating in the lost sales newsvendor problem: a two-moment approximation ⋮ Non-parametric generalised newsvendor model ⋮ Unconstraining methods in revenue management systems: research overview and prospects ⋮ Confidence Intervals for Data-Driven Inventory Policies with Demand Censoring ⋮ Distributional regression for demand forecasting in e-grocery ⋮ A practical inventory control policy using operational statistics ⋮ Periodic review inventory-control for perishable products under service-level constraints ⋮ Dynamic learning, pricing, and ordering by a censored newsvendor ⋮ Estimating demand by using sales information: inaccuracies encountered ⋮ The Multi-product Newsboy Problem with Price-Depended Demand and Fast Moving Items ⋮ Estimation of jointly normally distributed demand for cross-selling items in inventory systems with lost sales ⋮ Customer Learning in Call Centers from Previous Waiting Experiences ⋮ Evaluating alternative Frequentist inferential approaches for optimal order quantities in the newsvendor model under Exponential demand

Cites Work

• ESTIMATION OF THE MEAN AND STANDARD DEVIATION OF A NORMAL POPULATION FROM A CENSORED SAMPLE

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