The Newsvendor under Demand Ambiguity: Combining Data with Moment and Tail Information
From MaRDI portal
Publication:2806068
DOI10.1287/opre.2015.1454zbMath1336.90053OpenAlexW3124405191MaRDI QIDQ2806068
Brian T. Tomlin, Soroush Saghafian
Publication date: 13 May 2016
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/e9d7ac05f461ead9a011198438855eb9b93f9c47
Decision theory (91B06) Management decision making, including multiple objectives (90B50) Inventory, storage, reservoirs (90B05)
Related Items (9)
Ambiguous partially observable Markov decision processes: structural results and applications ⋮ Optimal hazard models based on partial information ⋮ Can accessing much data reshape the theory? Inventory theory under the challenge of data-driven systems ⋮ Robust newsvendor problems with compound Poisson demands ⋮ Compensating for Dynamic Supply Disruptions: Backup Flexibility Design ⋮ Maximum entropy distributions with quantile information ⋮ Robust decisions for regulated sustainable manufacturing with partial demand information: mandatory emission capacity versus emission tax ⋮ The Discrete Moment Problem with Nonconvex Shape Constraints ⋮ Mechanism design in a supply chain with ambiguity in private information
Cites Work
- A maximum entropy approach to the newsvendor problem with partial information
- Solving operational statistics via a Bayesian analysis
- Recursive smooth ambiguity preferences
- On the consistency of Bayes estimates
- Rates of convergence of posterior distributions.
- The consistency of posterior distributions in nonparametric problems
- A practical inventory control policy using operational statistics
- The Sample Average Approximation Method for Stochastic Discrete Optimization
- The Data-Driven Newsvendor Problem: New Bounds and Insights
- Adaptive Data-Driven Inventory Control with Censored Demand Based on Kaplan-Meier Estimator
- Distributionally Robust Optimization Under Moment Uncertainty with Application to Data-Driven Problems
- An Adaptive, Distribution-Free Algorithm for the Newsvendor Problem with Censored Demands, with Applications to Inventory and Distribution
- Stalking Information: Bayesian Inventory Management with Unobserved Lost Sales
- A Nonparametric Asymptotic Analysis of Inventory Planning with Censored Demand
- Information Theory and Statistical Mechanics
- Bayes Solutions of the Statistical Inventory Problem
- Robust Mean-Covariance Solutions for Stochastic Optimization
- Regret in the Newsvendor Model with Partial Information
- Information-theoretic asymptotics of Bayes methods
- Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution
- The Distribution Free Newsboy Problem: Review and Extensions
- Monte Carlo sampling approach to stochastic programming
- Newsvendor optimization with limited distribution information
- Provably Near-Optimal Sampling-Based Policies for Stochastic Inventory Control Models
- A Smooth Model of Decision Making under Ambiguity
- On Bayes procedures
This page was built for publication: The Newsvendor under Demand Ambiguity: Combining Data with Moment and Tail Information
