A higher-order Markov model for the Newsboy's problem

DOI10.1057/palgrave.jors.2601491zbMath1171.90539OpenAlexW2135805665MaRDI QIDQ3182678

Wai-Ki Ching, Eric S. Fung, Michael Kwok-Po Ng

Publication date: 15 October 2009

Published in: Journal of the Operational Research Society (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1057/palgrave.jors.2601491

zbMATH Keywords

shortage costhigher-order Markov modelnewsboy's modeloverage cost

Mathematics Subject Classification ID

Communication networks in operations research (90B18) Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

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