Adaptive inventory control heuristics for non-stationary demand

The objective of the current research is to develop an inventory algorithm that determines the ordering periods and the corresponding order quantities for nonstationary demand. The inventory system is a periodic review with lost sales. We propose a heuristic, Wagner Whiting Plus Forecast (WWPF), in...

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Bibliographic Details
Main Author: Jha, Sumant Kumar
Format: Others
Language:English
Published: 2009
Online Access:http://hdl.handle.net/2429/13738