Robust Stochastic Lot-Sizing by Means of Histograms

Traditional approaches in inventory control first estimate the demand distribution among a predefined family of distributions based on data fitting of historical demand observations, and then optimize the inventory control using the estimated distributions. These approaches often lead to fragile sol...

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Bibliographic Details
Main Authors: Klabjan, Diego (Author), Simchi-Levi, David (Contributor), Song, Miao (Author)
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering (Contributor)
Format: Article
Language:English
Published: Wiley Blackwell, 2013-03-21T19:03:56Z.
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