at best. Yet, most classical stochastic inventory models make this very assumption. This volume is the first to provide a … comprehensive treatment of inventory models with Markov-modulated demand. The distribution of demand in these models depends on the …

instrumental variables estimation of a first order condition of the Holt et al. (1960) linear quadratic inventory model, including …Econometric aspects of recent research on inventory models are surveyed. The discussion emphasizes issues relevant to … paper also briefly discusses estimation of a decision rule implied by the model, and, finally, the impliations for inventory …

instrumental variables estimation of a first order condition of the Holt et al. (1960) linear quadratic inventory model, including …Econometric aspects of recent research on inventory models are surveyed. The discussion emphasizes issues relevant to … paper also briefly discusses estimation of a decision rule implied by the model, and, finally, the impliations for inventory …