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Estimating the Performance of Multi-Level Inventory Systems

✍ Scribed by Antony Svoronos and Paul Zipkin


Book ID
123687460
Publisher
INFORMS
Year
1988
Tongue
English
Weight
499 KB
Volume
36
Category
Article
ISSN
0030-364X

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Parameter estimation and performance mea
✍ Roger M. Hill πŸ“‚ Article πŸ“… 1992 πŸ› Elsevier Science 🌐 English βš– 414 KB

In most retail environments the only information available on customer demand comes from sales data. When a product is out of stock there is generally no knowledge of what potential sales have been lost. This creates problems when it comes to estimating (forecasting) the demand distribution and its