Adaptive Inventory Control for Nonstationary Demand and Partial Information.
James T. TreharneCharles R. SoxPublished in: Manag. Sci. (2002)
Keyphrases
- inventory control
- partial information
- non stationary
- finite horizon
- customer demand
- adaptive algorithms
- inventory models
- stochastic demand
- incomplete information
- lead time
- supply chain
- customer service
- infinite horizon
- dynamic pricing
- random fields
- pricing strategies
- autoregressive
- demand distributions
- concept drift
- markov decision processes
- optimal policy
- supply chain management
- multistage
- ordering cost
- markov decision process
- fixed cost
- inventory management
- sufficient conditions
- dynamic programming
- multi agent