Optimal Inventory Policies when the Demand Distribution is not Known /

This paper analyzes the stochastic inventory control problem when the demand distribution is not known. In contrast to previous Bayesian inventory models, this paper adopts a non-parametric Bayesian approach in which the firm's prior information is characterized by a Dirichlet process prior. Th...

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Xehetasun bibliografikoak
Egile nagusia: Larson, Erik
Beste egile batzuk: Olson, Lars, Sharma, Sunil
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/183
Gaiak:
Sarrera elektronikoa:Full text available on IMF