Heuristics for Inventory Systems Based on Quadratic Approximation of L-Natural-Convex Value Functions
<p>We propose an approximation scheme for single-product periodic-review inventory systems with L-natural-convex structure. We lay out three well-studied inventory models, namely the lost-sales system, the perishable inventory system, and the joint inventory-pricing problem. We approximate the...
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2014
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| Online Access: | http://hdl.handle.net/10161/8777 |