A class of network models developed for optimizing the use of a fleet of vehicles can be viewed as time-staged optimization models. Such models which have linear objective functions suffer particularly from end effects, the distortions introduced by employing a finite planning horizon. This...

We consider the problem of optimizing inventories for problems where the demand distribution is unknown, and where it does not necessarily follow a standard form such as the normal. We address problems where the process of deciding the inventory, and then realizing the demand, occurs repeatedly....