Browsing Discipline of Business Analytics by subject "ANZSRC FoR code::49 MATHEMATICAL SCIENCES"
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Base-Stock Policies with Constant Lead Time: Closed-Form Solutions and Applications
Published 2023-03-15We study stationary base-stock policies for multiperiod dynamic inventory systems with a constant lead time and independently and identically distributed (iid) demands. When ambiguities in the underlying demand distribution ...Working Paper -
Closed-Form Solutions for Distributionally Robust Inventory Management: A Controlled Relaxation Method
Published 2023When only the moments (mean, variance or t-th moment) of the underline distribution are known, a variety of many max-min optimization models choose actions to maximize the firm’s expected profit against the most unfavorable ...Working Paper