A Bayesian approach to a dynamic inventory model under an unknown demand distribution.

K. Rajashree Kamath T. P. M. Pakkala

Published in: Comput. Oper. Res. (2002)

Keyphrases

mathematical model
high level
probabilistic model
statistical model
similarity measure
prior knowledge
probability distribution
gaussian distribution
lot size
markov chain
computational model
inventory management
inventory policy