haku: @indexterm inventory control / yhteensä: 880
viite: 346 / 880
Tekijä: | Lovejoy, W. S. |
Otsikko: | Myopic policies for some inventory models with uncertain demand distributions. |
Lehti: | Management Science
1990 : JUN, VOL. 36:6, p. 724-738 |
Asiasana: | INVENTORY CONTROL BAYESIAN STATISTICS |
Kieli: | eng |
Tiivistelmä: | It is shown that a simple inventory policy based upon a critical fraction can be optimal or near-optimal in some inventory models with parameter adaptive demand processes. Some parameter of the demand distribution is not known with certainty, and estimates of the parameter are updated in a statistical fashion as demand is observed through time. Examples include exponentially smoothed forecasts and Bayesian updating of parameter estimates. Some numerical examples illustrate the techniques. |
SCIMA