The Censored Newsvendor and the Optimal Acquisition of Information

References

• Agrawal N., Smith S. A. Estimating negative binomial demand for retail inventory management with unobservable lost sales. Naval Res. Logist. (1996) 43:839–861Crossref, Google Scholar
• Azoury K. S. Bayes solution to dynamic inventory models under unknown demand distribution. Management Sci. (1985) 31(9):1150–1160Link, Google Scholar
• Bartle R. G.The Elements of Real Analysis (1964) (John Wiley and Sons, New York) Google Scholar
• Braden D. J., Oren S. S. Nonlinear pricing to produce information. Marketing Sci. (1994) 13:310–326Link, Google Scholar
• Conrad S. A. Sales data and the estimation of demand. Oper. Res. Quart. (1976) 27(1):123–127Crossref, Google Scholar
• Ding X. Estimation and optimization in discrete inventory models. (2002) (The University of British Columbia, Vancouver, Canada) . Unpublished Ph.D. dissertation, Faculty of CommerceGoogle Scholar
• Eppen G. D., Iyer A. V. Improved fashion buying with Bayesian updates. Oper. Res. (1997) 45(6):805–819Link, Google Scholar
• Florentin J. J. Optimal, probing, adaptive control of a simple Bayesian system. J. Electr. Control (1962) 13(2):165–177Crossref, Google Scholar
• Gallego G., Moon I. The distribution free newsvendor problem: Review and extensions. J. Oper. Res. Soc. (1993) 44(8):825–834Crossref, Google Scholar
• Harpaz G., Lee W. Y., Winkler R. L. Learning, experimentation, and the optimal output decisions of a competitive firm. Management Sci. (1982) 28(6):589–603Link, Google Scholar
• Iglehart D. L. The dynamic inventory problem with unknown demand distribution. Management Sci. (1964) 10(3):429–440Link, Google Scholar
• Karlin S. Dynamic inventory policy with varying stochastic demands. Management Sci. (1960) 6(3):231–258Link, Google Scholar
• Lariviere M. A., Porteus E. L. Stalking information: Bayesian inventory management with unobserved lost sales. Management Sci. (1999) 45(3):346–363Link, Google Scholar
• Lovejoy W. S. Myopic policies for some inventory models with uncertain demand distribution. Management Sci. (1990) 36(6):724–738Link, Google Scholar
• Lovejoy W. S. Suboptimal policies, with bounds, for parameter adaptive decision processes. Oper. Res. (1993) 41(3):583–599Link, Google Scholar
• Nahmias S. Demand estimation in lost sales inventory systems. Naval Res. Logist. (1994) 41:739–757Crossref, Google Scholar
• Ross S.Stochastic Processes (1983) (John Wiley & Sons, New York) Google Scholar
• Scarf H. Some remarks on Bayes solutions to the inventory problem. Naval Res. Logist. Quart. (1960) 7:591–596Crossref, Google Scholar
• Silver E. A., Fiechter C.-N. Theory and methodology: Preventive maintenance with limited historical data. Euro. J. Oper. Res. (1995) 82:125–144Crossref, Google Scholar
• Silver E. A., Pyke D. F., Peterson R.Inventory Management and Production Planning and Scheduling (1998) 3rd ed.(John Wiley and Sons, New York) . Ch. 10Google Scholar
• Van Hee K. M.Bayesian Control of Markov Chains (1978) (Mathematisch Centrum, Amsterdam, The Netherlands) Google Scholar