Stalking Information: Bayesian Inventory Management with Unobserved Lost Sales
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References listed on IDEAS
- Katy S. Azoury, 1985. "Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution," Management Science, INFORMS, vol. 31(9), pages 1150-1160, September.
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More about this item
KeywordsBayesian inventory management; unobserved lost sales; information acquisition; dropping products; Bayesian dynamic programming; newsvendor distributions; dimensionality reduction; product profitability; multiple markets; favoring small markets;
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