43 citations · 71 across the 4 of their papers we have counts for
4 papers
Stochastic Dynamic Programming Heuristic for the (R, s, S) Policy Parameters Computation
Andrea Visentin, Steven Prestwich, Roberto Rossi +1
The (R, s, S) is a stochastic inventory control policy widely used by practitioners. In an inventory system managed according to this policy, the inventory is reviewed at instant R…
A mathematical programming-based solution method for the nonstationary inventory problem under correlated demand
Mengyuan Xiang, Roberto Rossi, Belen Martin-Barragan +1
This paper extends the single-item single-stocking location non-stationary stochastic inventory problem to relax the assumption of independent demand. We present a mathematical pro…
Intermittency and Obsolescence: a Croston Method With Linear Decay
Steven Prestwich, Armagan Tarim, Roberto Rossi +1
Only two Croston-style forecasting methods are currently known for handling stochastic intermittent demand with possible demand obsolescence: TSB and HES, both shown to be unbiased…
Confidence-based Optimization for the Newsvendor Problem
Roberto Rossi, Steven Prestwich, S. Armagan Tarim +1
We introduce a novel strategy to address the issue of demand estimation in single-item single-period stochastic inventory optimisation problems. Our strategy analytically combines…