Estimating demand by using sales information: inaccuracies encountered

DOI10.1016/J.EJOR.2004.12.024MaRDI QIDQ2503045zbMATH OpenOpenAlexFDO

Authors Ricardo Ernst, Bardia Kamrad

Publication date 13 September 2006

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

Full work available at URL https://doi.org/10.1016/j.ejor.2004.12.024

zbMATH Keywords

demand estimationproduct substitutionnewsboy modelinventory planning

Mathematics Subject Classification ID

Production models (90B30)

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Cites work

• scientific article; zbMATH DE number 274379 (Why is no real title available?)
• A Simplex Method for Function Minimization
• Demand estimation in lost sales inventory systems
• Estimating negative binomial demand for retail inventory management with unobservable lost sales
• Management of Multi-Item Retail Inventory Systems with Demand Substitution
• Optimal and Approximate Policies in Multiperiod, Multilocation Inventory Models with Transshipments
• Optimal inventory policies for substitutable commodities with stochastic demand
• Optimal inventory policies under service-sensitive demand
• Optimal ordering decisions for two substitutable products with stochastic demands
• The effects of selling packaged goods on inventory decisions

Cited in

(3)

• A stochastic dynamic pricing model for the multiclass problems in the airline industry
• Estimation of jointly normally distributed demand for cross-selling items in inventory systems with lost sales
• Evaluating alternative frequentist inferential approaches for optimal order quantities in the newsvendor model under exponential demand

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