Order postponement in a supply chain in the presence of exponential demand with gamma prior

DOI10.1016/J.ORL.2009.11.002MaRDI QIDQ969508zbMATH OpenOpenAlexFDO

Authors Chunyang Tong

Publication date 7 May 2010

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

Full work available at URL https://doi.org/10.1016/j.orl.2009.11.002

zbMATH Keywords

Pareto distributionBayesian learningorder postponement

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Transportation, logistics and supply chain management (90B06) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• Commitment decisions with partial information updating
• Improved Fashion Buying with Bayesian Updates
• Inventory management under highly uncertain demand
• Monotone Forecasts
• Order Quantity and Timing Flexibility in Supply Chains: The Role of Demand Characteristics
• Periodic-review inventory model with three consecutive delivery modes and forecast updates
• Quick Response in Manufacturer-Retailer Channels

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