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...
| Автор: | |
|---|---|
| Інші автори: | , |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2000/183 |
| Предмети: | |
| Онлайн доступ: | Full text available on IMF |