Technical Note: Data-driven newsvendor problem: Performance of the sample average approximation
We consider the data-driven newsvendor problem in which a manager makes inventory decisions sequentially and learns the unknown demand distribution based on observed samples of continuous demand (no truncation). We study the widely used sample average approximation (SAA) approach and analyze its per...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7313 |
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| Institution: | Singapore Management University |
| Language: | English |