Demand estimation in lost sales inventory systems

DOI10.1002/1520-6750(199410)41:6%3C739::AID-NAV3220410605%3E3.0.CO;2-AMaRDI QIDQ4314870zbMATH OpenOpenAlexFDO

Authors Steven Nahmias

Publication date 1 December 1994

Full work available at URL https://doi.org/10.1002/1520-6750(199410)41:6%3C739::aid-nav3220410605%3E3.0.co;2-a

zbMATH Keywords

best linear unbiased estimatorlost sales inventory systemsmaximum likelihood estimatorsimulations

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

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

Cited in

(27)

• Estimating the demand distributions of single-period items having frequent stockouts
• Lost-sales inventory systems with a service level criterion
• Distributional regression for demand forecasting in e-grocery
• Estimation of jointly normally distributed demand for cross-selling items in inventory systems with lost sales
• A practical inventory control policy using operational statistics
• Estimating demand by using sales information: inaccuracies encountered
• Evaluating alternative frequentist inferential approaches for optimal order quantities in the newsvendor model under exponential demand
• Estimating primary demand for substitutable products from sales transaction data
• The multi-item newsvendor model with cross-selling and the solution when demand is jointly normally distributed
• Demand estimation and ordering under censoring: stock-out timing is (almost) all you need
• Technical note: Managing nonperishable inventories with learning about demand arrival rate through stockout times
• Lost-sales inventory theory: a review
• Unconstraining methods in revenue management systems: research overview and prospects
• Dynamic pricing and inventory control with learning
• The multi-product newsboy problem with price-depended demand and fast moving items
• Estimating negative binomial demand for retail inventory management with unobservable lost sales
• A practical approach for estimating demand in periodicals with many retailers and infrequent stockouts
• Customer learning in call centers from previous waiting experiences
• A new generalized newsvendor model with random demand and cost misspecification
• Confidence intervals for data-driven inventory policies with demand censoring
• Dynamic learning, pricing, and ordering by a censored newsvendor
• Non-parametric generalised newsvendor model
• Estimating retail demand with Poisson mixtures and out-of-sample likelihood
• An inverse problem in estimating unknown parameters of a deterministic inventory model with price-dependent demand
• Periodic review inventory-control for perishable products under service-level constraints
• Fifty years of inventory research from a forecasting perspective
• Bayesian demand updating in the lost sales newsvendor problem: a two-moment approximation

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