Inventory Planning with Forecast Updates: Approximate Solutions and Cost Error Bounds

DOI10.1287/OPRE.1060.0338zbMATH Open1167.90344OpenAlexW2155133693MaRDI QIDQ3392045FDOQ3392045

Authors:

Publication date: 13 August 2009

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

Full work available at URL: https://semanticscholar.org/paper/b00bb1693d48590411d61a26314c67f4b18a013c

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Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Inventory, storage, reservoirs (90B05)

Cited In (11)

• Rolling-horizon heuristics for capacitated stochastic inventory problems with forecast updates
• Error analysis of an approximate optimal policy for an inventory system with stochastic and continuous demands
• Distributionally Robust Inventory Control When Demand Is a Martingale
• Approximation algorithm for the stochastic multiperiod inventory problem via a look-ahead optimization approach
• Robust newsvendor problem with autoregressive demand
• Analysis of a forecasting-production-inventory system with stationary demand
• A mathematical programming-based solution method for the nonstationary inventory problem under correlated demand
• Supply allocation under sequential advance demand information
• Performance bound for myopic order-up-to inventory policies under stationary demand processes
• The big data newsvendor: practical insights from machine learning
• Approximation algorithms for perishable inventory systems

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