This is a preview. Log in through your library . Abstract The single-item stochastic inventory control problem is to find an inventory replenishment policy in the presence of independent discrete ...

We develop new algorithmic approaches to compute provably near-optimal policies for multiperiod stochastic lot-sizing inventory models with positive lead times, general demand distributions, and ...

Students will learn applications of operations research methods to practical problems of production planning and inventory control; forecasting; aggregate planning; deterministic and stochastic ...

Inventory management is one of the most important components of Alibaba’s business. Traditionally, human buyers make replenishment decisions: although artificial intelligence (AI) algorithms make ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...