The Convergence of Gallego’s Iterative Method for Distribution-Free Inventory Models

For inventory models with unknown distribution demand, during shortages, researchers used the first and the second moments to derive an upper bound for the worst case, that is the min-max distribution-free procedure for inventory models. They applied an iterative method to generate a sequence to obt...

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Bibliographic Details
Main Authors: Ting-Chen Hu, Kuo-Chen Hung, Kuo-Lung Yang
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/7/5/484