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Business Papers · 2016 · Supply Chains · Methods & Practice

Managing inventory with cash register information: Sales recorded but not demands

Alain Bensoussan, Metin Çakanyıldırım, Meng Li, Suresh P. Sethi

Production and Operations Management 25(1), 9–21

Lead paper

Summary

This study considers inventory systems where sales are recorded but unmet demand is unobserved. It develops a dynamic model that updates beliefs about inventory and demand using sales and stockout information and characterizes effective replenishment policies.

Record

Type & year

Business Papers · 2016

Research theme

Supply Chains · Methods & Practice

Publication

Production and Operations Management 25(1), 9–21

Suggested citation

Alain Bensoussan, Metin Çakanyıldırım, Meng Li, Suresh P. Sethi (2016). Managing inventory with cash register information: Sales recorded but not demands. Production and Operations Management 25(1), 9–21.

Paper and publisher record

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