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Periodic review stochastic inventory problem with forecast updates: Worst-case bounds for the myopic solution.
Srinagesh Gavirneni
Srinivas Bollapragada
Thomas E. Morton
Published in:
Eur. J. Oper. Res. (1998)
Keyphrases
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lost sales
infinite horizon
single period
periodic review
optimal solution
lead time
inventory systems
worst case bounds
inventory control
single product
optimal policy
graphical models
markov chain
single stage
stochastic demand
inventory models