Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part I: no capacity constraints

DOI10.1080/00207540600699660zbMath1128.90304OpenAlexW2026504256MaRDI QIDQ5438640

H. C. Pong, John Miltenburg

Publication date: 24 January 2008

Published in: International Journal of Production Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/00207540600699660

zbMATH Keywords

Bayesian estimationfashion goods inventory problemstyle goods inventory problem

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (7)

Order timing strategies in a single-supplier, multi-retailer system ⋮ Optimal decision making in multi-product dual sourcing procurement with demand forecast updating ⋮ Service quality guarantee design: obedience behavior, demand updating and information asymmetry ⋮ Inventory Management: An Overview, Canadian Publications, Practical Applications and Suggestions for Future Research ⋮ Capacity Procurement in Logistics Service Supply Chain with Demand Updating and Rational Expectation Behavior ⋮ Order quantities for style goods with two order opportunities and Bayesian updating of demand. Part II: capacity constraints ⋮ Analysis of order timing tradeoffs in multi-retailer supply systems

Cites Work

• A Forecasting Method for Management of Seasonal Style-Goods Inventories
• A Comparison of the Optimal Ordering Levels of Bayesian and Non-Bayesian Inventory Models
• A Stochastic Sequencing Problem for Style Goods with Forecast Revisions and Hierarchical Structure
• Myopic Policies for Some Inventory Models with Uncertain Demand Distributions
• Scarf's State Reduction Method, Flexibility, and a Dependent Demand Inventory Model
• Learning, Experimentation, and the Optimal Output Decisions of a Competitive Firm
• Improved Fashion Buying with Bayesian Updates
• Reducing the Cost of Demand Uncertainty Through Accurate Response to Early Sales
• Statistical Estimation Problems in Inventory Control
• Estimation of Forecast Errors for Seasonal-Style-Goods Sales
• Multiproduct Production Scheduling for Style Goods with Limited Capacity, Forecast Revisions and Terminal Delivery

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