On the relationship between entropy, demand uncertainty, and expected loss

DOI10.1016/j.ejor.2015.03.014zbMath1346.90026OpenAlexW2090557657MaRDI QIDQ319648

Adam J. Fleischhacker, Pak-Wing Fok

Publication date: 6 October 2016

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

Full work available at URL: https://doi.org/10.1016/j.ejor.2015.03.014

zbMATH Keywords

entropydemand variabilitymeasuring demand uncertaintystochastic inventory models

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Entropy and other invariants, isomorphism, classification in ergodic theory (37A35) Dynamical systems in optimization and economics (37N40)

Related Items

Optimal hazard models based on partial information, Optimizing a production-inventory system under a cost target, Maximum entropy distributions with quantile information, Decision method for the optimal number of logistics service providers with service quality guarantee and revenue fairness

Uses Software

• QRM

Cites Work

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