Approximation of sell-out probability to estimate expected marginal value of capacity.
Ahmet Melih SelçukZeynep Müge AvsarPublished in: Comput. Ind. Eng. (2021)
Keyphrases
- probability distribution
- posterior marginals
- probability mass
- central limit theorem
- pointwise
- queueing networks
- confidence intervals
- approximation algorithms
- approximation error
- approximation methods
- estimation algorithm
- conditional probabilities
- case study
- closed form
- estimation process
- high capacity
- hypothesis test
- worst case
- reinforcement learning
- bayesian networks