Matches in SemOpenAlex for { <https://semopenalex.org/work/W2725666454> ?p ?o ?g. }
Showing items 1 to 95 of
95
with 100 items per page.
- W2725666454 endingPage "5840" @default.
- W2725666454 startingPage "5826" @default.
- W2725666454 abstract "Stochastic simulation is a commonly used tool by practitioners for evaluating the performance of inventory policies. A typical inventory simulation starts with the determination of the best-fit input models (e.g. probability distribution function of the demand random variable) and then obtains a performance measure estimate under these input models. However, this sequential approach ignores the uncertainty around the input models, leading to inaccurate performance measures, especially when there is limited historical input data. In this paper, we take an alternative approach and propose a simulation replication algorithm that jointly estimates the input models and the performance measure, leading to a credible interval for the performance measure under input-model uncertainty. Our approach builds on a nonparametric Bayesian input model and frees the inventory manager from making any restrictive assumptions on the functional form of the input models. Focusing on a single-product inventory simulation, we show that the proposed method improves the estimation of the service levels when compared to the traditional practice of using the best-fit or the empirical distribution as the unknown demand distribution." @default.
- W2725666454 created "2017-07-14" @default.
- W2725666454 creator A5042947711 @default.
- W2725666454 creator A5046703184 @default.
- W2725666454 date "2017-06-28" @default.
- W2725666454 modified "2023-10-01" @default.
- W2725666454 title "Simulation of inventory systems with unknown input models: a data-driven approach" @default.
- W2725666454 cites W1828651507 @default.
- W2725666454 cites W1836413999 @default.
- W2725666454 cites W1970077810 @default.
- W2725666454 cites W1976741908 @default.
- W2725666454 cites W1988637491 @default.
- W2725666454 cites W1995454998 @default.
- W2725666454 cites W2032770662 @default.
- W2725666454 cites W2041570732 @default.
- W2725666454 cites W2055948812 @default.
- W2725666454 cites W2059749997 @default.
- W2725666454 cites W2069429561 @default.
- W2725666454 cites W2090343757 @default.
- W2725666454 cites W2096749624 @default.
- W2725666454 cites W2112051922 @default.
- W2725666454 cites W2121561701 @default.
- W2725666454 cites W2130650735 @default.
- W2725666454 cites W2142635246 @default.
- W2725666454 cites W2145592624 @default.
- W2725666454 cites W2163853235 @default.
- W2725666454 cites W3122908781 @default.
- W2725666454 cites W4206932883 @default.
- W2725666454 cites W4243535200 @default.
- W2725666454 cites W4249875616 @default.
- W2725666454 doi "https://doi.org/10.1080/00207543.2017.1343503" @default.
- W2725666454 hasPublicationYear "2017" @default.
- W2725666454 type Work @default.
- W2725666454 sameAs 2725666454 @default.
- W2725666454 citedByCount "9" @default.
- W2725666454 countsByYear W27256664542017 @default.
- W2725666454 countsByYear W27256664542018 @default.
- W2725666454 countsByYear W27256664542019 @default.
- W2725666454 countsByYear W27256664542020 @default.
- W2725666454 countsByYear W27256664542021 @default.
- W2725666454 countsByYear W27256664542022 @default.
- W2725666454 crossrefType "journal-article" @default.
- W2725666454 hasAuthorship W2725666454A5042947711 @default.
- W2725666454 hasAuthorship W2725666454A5046703184 @default.
- W2725666454 hasBestOaLocation W27256664542 @default.
- W2725666454 hasConcept C102366305 @default.
- W2725666454 hasConcept C105795698 @default.
- W2725666454 hasConcept C107673813 @default.
- W2725666454 hasConcept C114614502 @default.
- W2725666454 hasConcept C124101348 @default.
- W2725666454 hasConcept C126255220 @default.
- W2725666454 hasConcept C149441793 @default.
- W2725666454 hasConcept C149782125 @default.
- W2725666454 hasConcept C154945302 @default.
- W2725666454 hasConcept C25915931 @default.
- W2725666454 hasConcept C2778067643 @default.
- W2725666454 hasConcept C2780009758 @default.
- W2725666454 hasConcept C33923547 @default.
- W2725666454 hasConcept C41008148 @default.
- W2725666454 hasConceptScore W2725666454C102366305 @default.
- W2725666454 hasConceptScore W2725666454C105795698 @default.
- W2725666454 hasConceptScore W2725666454C107673813 @default.
- W2725666454 hasConceptScore W2725666454C114614502 @default.
- W2725666454 hasConceptScore W2725666454C124101348 @default.
- W2725666454 hasConceptScore W2725666454C126255220 @default.
- W2725666454 hasConceptScore W2725666454C149441793 @default.
- W2725666454 hasConceptScore W2725666454C149782125 @default.
- W2725666454 hasConceptScore W2725666454C154945302 @default.
- W2725666454 hasConceptScore W2725666454C25915931 @default.
- W2725666454 hasConceptScore W2725666454C2778067643 @default.
- W2725666454 hasConceptScore W2725666454C2780009758 @default.
- W2725666454 hasConceptScore W2725666454C33923547 @default.
- W2725666454 hasConceptScore W2725666454C41008148 @default.
- W2725666454 hasIssue "19" @default.
- W2725666454 hasLocation W27256664541 @default.
- W2725666454 hasLocation W27256664542 @default.
- W2725666454 hasOpenAccess W2725666454 @default.
- W2725666454 hasPrimaryLocation W27256664541 @default.
- W2725666454 hasRelatedWork W1990769632 @default.
- W2725666454 hasRelatedWork W2045102773 @default.
- W2725666454 hasRelatedWork W2133404844 @default.
- W2725666454 hasRelatedWork W2789798721 @default.
- W2725666454 hasRelatedWork W2791287451 @default.
- W2725666454 hasRelatedWork W3010868784 @default.
- W2725666454 hasRelatedWork W3121780960 @default.
- W2725666454 hasRelatedWork W3125336376 @default.
- W2725666454 hasRelatedWork W3165797234 @default.
- W2725666454 hasRelatedWork W4293159331 @default.
- W2725666454 hasVolume "55" @default.
- W2725666454 isParatext "false" @default.
- W2725666454 isRetracted "false" @default.
- W2725666454 magId "2725666454" @default.
- W2725666454 workType "article" @default.