A practical inventory control policy using operational statistics

DOI10.1016/j.orl.2004.08.003zbMath1090.90003OpenAlexW2060472015MaRDI QIDQ2488229

Liwan H. Liyanage, J. George Shanthikumar

Publication date: 25 August 2005

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2004.08.003

zbMATH Keywords

Model uncertaintyNewsvendor modelDemand ambiguityEstimation and optimizationOperational statistics

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (30)

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Cites Work

• Unnamed Item
• Dynamic Inventory Policy with Varying Stochastic Demands
• Stalking Information: Bayesian Inventory Management with Unobserved Lost Sales
• Bayes Solutions of the Statistical Inventory Problem
• The Censored Newsvendor and the Optimal Acquisition of Information
• Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
• Sales Data and the Estimation of Demand
• The Distribution Free Newsboy Problem: Review and Extensions
• Demand estimation in lost sales inventory systems
• Estimating negative binomial demand for retail inventory management with unobservable lost sales

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