Using Stochastic Approximation Methods to Compute Optimal Base-Stock Levels in Inventory Control Problems

DOI10.1287/OPRE.1070.0477MaRDI QIDQ3392199zbMATH OpenOpenAlexFDO

Authors Sumit Kunnumkal, Huseyin Topaloglu

Publication date 13 August 2009

Published in Operations Research (Search for Journal in Brave)

Full work available at URL http://eprints.exchange.isb.edu/116/1/base_stock.pdf

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Stochastic programming (90C15) Dynamic programming (90C39)

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• Dynamic Pricing and Learning with Finite Inventories
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• Technical note: Nonparametric data-driven algorithms for multiproduct inventory systems with censored demand
• The Exploration-Exploitation Trade-off in the Newsvendor Problem
• Data‐driven research in retail operations—A review
• Stochastic lot-sizing problem with inventory-bounds and constant order-capacities
• On a Multi-stage Stochastic Programming Model for Inventory Planning
• Exploiting action impact regularity and exogenous state variables for offline reinforcement learning
• Dynamic programming in inventory management: a review
• Convergence of natural policy gradient for a family of infinite-state queueing MDPs

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