A Bayesian learning procedure for the.(s, Q) inventory policy

DOI10.1111/J.1467-9574.1990.TB01275.XMaRDI QIDQ5749136zbMATHOpenAlexFDO

Authors C. Guus E. Boender, Alexander H. G. Rinnooy Kan

Publication date 1990

Published in Statistica Neerlandica (Search for Journal in Brave)

Full work available at URL https://ageconsearch.umn.edu/record/272387/files/erasmus205.pdf

zbMATH Keywords

(s,Q) inventory policyasymptotically optimal Bayesian learning procedureunknown lead time demand distribution

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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(3)

• Optimal policies and approximations for a Bayesian linear regression inventory model
• On when to stop sampling for the maximum
• Bayesian Inventory Control: Accelerated Demand Learning via Exploration Boosts

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