Dynamic learning, pricing, and ordering by a censored newsvendor

Naval Research Logistics

Volumn 54, Issue 4, 2007, Pages 448-461

  Bisi, Arnab ^a   Dada, Maqbool ^a  

^a PURDUE UNIVERSITY   (United States)

Author keywords

Bayesian Markov decision processes; Censoring; Inventory; Lost sales; Myopic policies; Optimal policies; Unknown demand

Indexed keywords

BAYESIAN MARKOV DECISION PROCESSES; LOST SALES; MYOPIC POLICIES; OPTIMAL POLICIES;

COSTS; FUNCTIONS; INVENTORY CONTROL; MATHEMATICAL MODELS; SAFETY FACTOR;

PROBLEM SOLVING;

EID: 34247472727     PISSN: 0894069X     EISSN: 15206750     Source Type: Journal    
DOI: 10.1002/nav.20224     Document Type: Article

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