Liu, Shudong; Song, Miao; Tan, Kok Choon; Zhang, Changyong - In: European Journal of Operational Research 244 (2015) 1, pp. 153-163
Dynamic inventory rationing is considered for systems with multiple demand classes, stationary stochastic demands, and …-step approach is proposed based on an idea similar to the certainty equivalence principle. First the deterministic inventory … rationing problem is studied, where the future demands are set to be the expectation of the stochastic demand processes. The …