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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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Larson, Erik
Rannpháirtithe: Olson, Lars, Sharma, Sunil
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2000.
Sraith:IMF Working Papers; Working Paper ; No. 2000/183
Ábhair:
Rochtain ar líne:Full text available on IMF