A Multiperiod Newsvendor Problem with Partially Observed Demand.
Alain BensoussanMetin ÇakanyildirimSuresh P. SethiPublished in: Math. Oper. Res. (2007)
Keyphrases
- partially observed
- single period
- inventory models
- capacity expansion
- inventory control
- lost sales
- service level
- stochastic inventory
- finite horizon
- demand distributions
- inventory policy
- planning horizon
- periodic review
- order quantity
- stochastic demand
- single product
- inventory level
- fixed cost
- markov decision process
- distribution function
- markov decision processes
- state space
- data sets