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A multiperiod newsvendor problem with partially observed demand

Authors :
Bensoussan, Alain
Cakanyildirim, Metin
Sethi, Suresh P.
Source :
Mathematics of Operations Research. May 2007, Vol. 32 Issue 2, p322, 23 p.
Publication Year :
2007

Abstract

We consider a newsvendor problem with partially observed Markovian demand. Demand is observed if it is less than the inventory. Otherwise, only the event that it is larger than or [...]

Subjects

Subjects :
Dynamic programming -- Usage -- Analysis
Inventory control -- Analysis -- Usage
Markov processes -- Usage -- Analysis
Demand (Economics) -- Analysis -- Usage
Business
Computers and office automation industries
Mathematics
Usage
Analysis

Details

Language :
English
ISSN :
0364765X
Volume :
32
Issue :
2
Database :
Gale General OneFile
Journal :
Mathematics of Operations Research
Publication Type :
Academic Journal
Accession number :
edsgcl.164558368

Tools

Authors Abstract Subjects Details