Bouza, Carlos N. Convergence of estimated optimal inventory levels in models with probabilistic demands. (English) Zbl 1274.90015 Yugosl. J. Oper. Res. 13, No. 2, 217-227 (2003). Summary: The behavior of estimations of the optimal inventory level is analyzed. Two models are studied. The demands follow unknown probability distribution function. The included density functions are estimated and a plug-in rule is suggested for computing estimates of the optimal levels. Two search algorithms are proposed and compared using Monte Carlo experiments. MSC: 90B05 Inventory, storage, reservoirs Keywords:Back orders; simulated annealing; density function estimation PDFBibTeX XMLCite \textit{C. N. Bouza}, Yugosl. J. Oper. Res. 13, No. 2, 217--227 (2003; Zbl 1274.90015) Full Text: DOI