Deflem, Y.; Nieuwenhuyse, I. Van - In: Competition and Regulation in Network Industries LVI (2011) 3, pp. 345-375
In many inventory management systems, some kind of substitution flexibility exists, meaning that a substitute or more … substitution flexibility, and discuss three methods suggested in the literature (i.e., newsvendor models, Monte Carlo simulation … and continuoustime Markov chains) in order to optimally exploit substitution flexibility. …