Chen, Li; Plambeck, Erica L. - In: Manufacturing & Service Operations Management 10 (2008) 2, pp. 236-256
Awell-known result in the Bayesian inventory management literature is: If lost sales are not observed, the Bayesian optimal inventory level is larger than the myopic inventory level (one should "stock more" to learn about the demand distribution). This result has been proven in other studies...
