Article ID Journal Published Year Pages File Type
1142878 Operations Research Letters 2010 6 Pages PDF
Abstract

We formulate the multiperiod, distribution-free perishable inventory problem as a problem of prediction with expert advice and apply an online learning method (the Weak Aggregating Algorithm) to solve it. We show that the asymptotic average performance of this method is as good as that of any time-dependent stocking rule in a given parametric class.

Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
Authors
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