Type & year
Business Papers · 2014
Business Papers · 2014 · Supply Chains · Methods & Practice
Inventory management with overlapping shrinkages and demands
Alain Bensoussan, Metin Çakanyıldırım, Meng Li, Suresh P. Sethi
Risk and Decision Analysis 5(4), 189–210
Summary
This article analyzes a lost-sales inventory system with partially observed demand and unobserved shrinkage before and after demand. It formulates dynamic programs for tractable cases and develops an iterative policy that performs close to an analytical lower bound.
Record
Research theme
Supply Chains · Methods & Practice
Publication
Risk and Decision Analysis 5(4), 189–210
Suggested citation
Alain Bensoussan, Metin Çakanyıldırım, Meng Li, Suresh P. Sethi (2014). Inventory management with overlapping shrinkages and demands. Risk and Decision Analysis 5(4), 189–210.