Applying Bayesian methodology with a uniform prior to the single period inventory model

DOI10.1016/S0377-2217(96)00226-3zbMath0930.90005OpenAlexW2059749997MaRDI QIDQ1278733

Roger M. Hill

Publication date: 22 February 1999

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0377-2217(96)00226-3

zbMATH Keywords

parameter estimationsingle period inventory modelBayesian decision-making

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites Work

• Decision making on stock levels in cases of uncertain demand rate
• A Bayesian Approach to the Two-period Style-goods Inventory Problem with Single Replenishment and Heterogeneous Poisson Demands
• Bayesian Determination of the Reorder Point of a Slow Moving Item