On “The Censored Newsvendor and the Optimal Acquisition of Information”
Xiangwen Lu, Jing-Sheng Song, Kaijie Zhu
Operations Research · 2005 · Volume 53 · Issue 6
Abstract
The authors comment on Ding et al. (2002), and Ding, Bisi, and Puterman respond.
Keywords
inventory/production: unknown demand, lost sales, optimal policies, dynamic programming: Bayesian Markov decision processes
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