Bias Analysis of Experiments for Multi-Item Multi-Period Inventory Control Policies
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Li Chen & Erica L. Plambeck, 2008. "Dynamic Inventory Management with Learning About the Demand Distribution and Substitution Probability," Manufacturing & Service Operations Management, INFORMS, vol. 10(2), pages 236-256, May.
- Ariel Boyarsky & Hongseok Namkoong & Jean Pouget-Abadie, 2023. "Modeling Interference Using Experiment Roll-out," Papers 2305.10728, arXiv.org, revised Aug 2023.
- Ruohan Zhan & Shichao Han & Yuchen Hu & Zhenling Jiang, 2024. "Estimating Treatment Effects under Recommender Interference: A Structured Neural Networks Approach," Papers 2406.14380, arXiv.org, revised Jul 2024.
- Ramesh Johari & Hannah Li & Inessa Liskovich & Gabriel Y. Weintraub, 2022. "Experimental Design in Two-Sided Platforms: An Analysis of Bias," Management Science, INFORMS, vol. 68(10), pages 7069-7089, October.
- Ozan Candogan & Chen Chen & Rad Niazadeh, 2024. "Correlated Cluster-Based Randomized Experiments: Robust Variance Minimization," Management Science, INFORMS, vol. 70(6), pages 4069-4086, June.
- Victor F. Araman & René Caldentey, 2009. "Dynamic Pricing for Nonperishable Products with Demand Learning," Operations Research, INFORMS, vol. 57(5), pages 1169-1188, October.
- Maximilian Kasy & Anja Sautmann, 2021.
"Adaptive Treatment Assignment in Experiments for Policy Choice,"
Econometrica, Econometric Society, vol. 89(1), pages 113-132, January.
- Maximilian Kasy & Anja Sautmann, 2019. "Adaptive Treatment Assignment in Experiments for Policy Choice," CESifo Working Paper Series 7778, CESifo.
- Retsef Levi & Georgia Perakis & Joline Uichanco, 2015. "The Data-Driven Newsvendor Problem: New Bounds and Insights," Operations Research, INFORMS, vol. 63(6), pages 1294-1306, December.
- Michael P. Leung, 2021.
"Rate-Optimal Cluster-Randomized Designs for Spatial Interference,"
Papers
2111.04219, arXiv.org, revised Sep 2022.
- Leung, Michael P, 2022. "Rate-optimal cluster-randomized designs for spatial interference," Santa Cruz Department of Economics, Working Paper Series qt8t44s021, Department of Economics, UC Santa Cruz.
- N. Bora Keskin & Assaf Zeevi, 2014. "Dynamic Pricing with an Unknown Demand Model: Asymptotically Optimal Semi-Myopic Policies," Operations Research, INFORMS, vol. 62(5), pages 1142-1167, October.
- Yining Wang & Boxiao Chen & David Simchi-Levi, 2021. "Multimodal Dynamic Pricing," Management Science, INFORMS, vol. 67(10), pages 6136-6152, October.
- Dimitris Bertsimas & Nathan Kallus, 2020. "From Predictive to Prescriptive Analytics," Management Science, INFORMS, vol. 66(3), pages 1025-1044, March.
- Edward Ignall & Arthur F. Veinott, Jr., 1969. "Optimality of Myopic Inventory Policies for Several Substitute Products," Management Science, INFORMS, vol. 15(5), pages 284-304, January.
- Omar Besbes & Alp Muharremoglu, 2013. "On Implications of Demand Censoring in the Newsvendor Problem," Management Science, INFORMS, vol. 59(6), pages 1407-1424, June.
- Brian Downs & Richard Metters & John Semple, 2001. "Managing Inventory with Multiple Products, Lags in Delivery, Resource Constraints, and Lost Sales: A Mathematical Programming Approach," Management Science, INFORMS, vol. 47(3), pages 464-479, March.
- Gregory A. Godfrey & Warren B. Powell, 2001. "An Adaptive, Distribution-Free Algorithm for the Newsvendor Problem with Censored Demands, with Applications to Inventory and Distribution," Management Science, INFORMS, vol. 47(8), pages 1101-1112, August.
- Niederhoff, Julie A., 2007. "Using separable programming to solve the multi-product multiple ex-ante constraint newsvendor problem and extensions," European Journal of Operational Research, Elsevier, vol. 176(2), pages 941-955, January.
- Steven Nahmias & Charles P. Schmidt, 1984. "An efficient heuristic for the multi‐item newsboy problem with a single constraint," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 31(3), pages 463-474, September.
- Weidong Chen & Cong Shi & Izak Duenyas, 2020. "Optimal Learning Algorithms for Stochastic Inventory Systems with Random Capacities," Production and Operations Management, Production and Operations Management Society, vol. 29(7), pages 1624-1649, July.
- Woonghee Tim Huh & Paat Rusmevichientong, 2009. "A Nonparametric Asymptotic Analysis of Inventory Planning with Censored Demand," Mathematics of Operations Research, INFORMS, vol. 34(1), pages 103-123, February.
- Iavor Bojinov & David Simchi-Levi & Jinglong Zhao, 2023. "Design and Analysis of Switchback Experiments," Management Science, INFORMS, vol. 69(7), pages 3759-3777, July.
- Hao Yuan & Qi Luo & Cong Shi, 2021. "Marrying Stochastic Gradient Descent with Bandits: Learning Algorithms for Inventory Systems with Fixed Costs," Management Science, INFORMS, vol. 67(10), pages 6089-6115, October.
- Boxiao Chen & Xiuli Chao & Cong Shi, 2021. "Nonparametric Learning Algorithms for Joint Pricing and Inventory Control with Lost Sales and Censored Demand," Mathematics of Operations Research, INFORMS, vol. 46(2), pages 726-756, May.
- Zhe (Frank) Wang & Adam J. Mersereau, 2017. "Bayesian Inventory Management with Potential Change‐Points in Demand," Production and Operations Management, Production and Operations Management Society, vol. 26(2), pages 341-359, February.
- Zhang, Bin & Du, Shaofu, 2010. "Multi-product newsboy problem with limited capacity and outsourcing," European Journal of Operational Research, Elsevier, vol. 202(1), pages 107-113, April.
- Warren Powell & Andrzej Ruszczyński & Huseyin Topaloglu, 2004. "Learning Algorithms for Separable Approximations of Discrete Stochastic Optimization Problems," Mathematics of Operations Research, INFORMS, vol. 29(4), pages 814-836, November.
- Han, Kevin & Basse, Guillaume & Bojinov, Iavor, 2024. "Population interference in panel experiments," Journal of Econometrics, Elsevier, vol. 238(1).
- Shuze Chen & David Simchi-Levi & Chonghuan Wang, 2024. "Experimenting on Markov Decision Processes with Local Treatments," Papers 2407.19618, arXiv.org, revised Oct 2024.
- Martin A. Lariviere & Evan L. Porteus, 1999. "Stalking Information: Bayesian Inventory Management with Unobserved Lost Sales," Management Science, INFORMS, vol. 45(3), pages 346-363, March.
- Chengchun Shi & Xiaoyu Wang & Shikai Luo & Hongtu Zhu & Jieping Ye & Rui Song, 2023. "Dynamic Causal Effects Evaluation in A/B Testing with a Reinforcement Learning Framework," Journal of the American Statistical Association, Taylor & Francis Journals, vol. 118(543), pages 2059-2071, July.
- Huanan Zhang & Xiuli Chao & Cong Shi, 2020. "Closing the Gap: A Learning Algorithm for Lost-Sales Inventory Systems with Lead Times," Management Science, INFORMS, vol. 66(5), pages 1962-1980, May.
- Gregory A. DeCroix & Antonio Arreola-Risa, 1998. "Optimal Production and Inventory Policy for Multiple Products Under Resource Constraints," Management Science, INFORMS, vol. 44(7), pages 950-961, July.
- D. Beyer & S. P. Sethi & R. Sridhar, 2001. "Stochastic Multiproduct Inventory Models with Limited Storage," Journal of Optimization Theory and Applications, Springer, vol. 111(3), pages 553-588, December.
- Boxiao Chen & David Simchi-Levi & Yining Wang & Yuan Zhou, 2022. "Dynamic Pricing and Inventory Control with Fixed Ordering Cost and Incomplete Demand Information," Management Science, INFORMS, vol. 68(8), pages 5684-5703, August.
- Apostolos N. Burnetas & Craig E. Smith, 2000. "Adaptive Ordering and Pricing for Perishable Products," Operations Research, INFORMS, vol. 48(3), pages 436-443, June.
- Ido Bright & Arthur Delarue & Ilan Lobel, 2022. "Reducing Marketplace Interference Bias Via Shadow Prices," Papers 2205.02274, arXiv.org, revised Mar 2024.
- Abdel-Malek, Layek L. & Areeratchakul, Nathapol, 2007. "A quadratic programming approach to the multi-product newsvendor problem with side constraints," European Journal of Operational Research, Elsevier, vol. 176(3), pages 1607-1619, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Cong Shi & Weidong Chen & Izak Duenyas, 2016. "Technical Note—Nonparametric Data-Driven Algorithms for Multiproduct Inventory Systems with Censored Demand," Operations Research, INFORMS, vol. 64(2), pages 362-370, April.
- Boxiao Chen & Xiuli Chao & Cong Shi, 2021. "Nonparametric Learning Algorithms for Joint Pricing and Inventory Control with Lost Sales and Censored Demand," Mathematics of Operations Research, INFORMS, vol. 46(2), pages 726-756, May.
- Hao Yuan & Qi Luo & Cong Shi, 2021. "Marrying Stochastic Gradient Descent with Bandits: Learning Algorithms for Inventory Systems with Fixed Costs," Management Science, INFORMS, vol. 67(10), pages 6089-6115, October.
- Weidong Chen & Cong Shi & Izak Duenyas, 2020. "Optimal Learning Algorithms for Stochastic Inventory Systems with Random Capacities," Production and Operations Management, Production and Operations Management Society, vol. 29(7), pages 1624-1649, July.
- Boxiao Chen & Xiuli Chao, 2020. "Dynamic Inventory Control with Stockout Substitution and Demand Learning," Management Science, INFORMS, vol. 66(11), pages 5108-5127, November.
- Jiri Chod & Mihalis G. Markakis & Nikolaos Trichakis, 2021. "On the Learning Benefits of Resource Flexibility," Management Science, INFORMS, vol. 67(10), pages 6513-6528, October.
- Boxiao Chen & David Simchi-Levi & Yining Wang & Yuan Zhou, 2022. "Dynamic Pricing and Inventory Control with Fixed Ordering Cost and Incomplete Demand Information," Management Science, INFORMS, vol. 68(8), pages 5684-5703, August.
- Satya S. Malladi & Alan L. Erera & Chelsea C. White, 2023. "Inventory control with modulated demand and a partially observed modulation process," Annals of Operations Research, Springer, vol. 321(1), pages 343-369, February.
- Lin An & Andrew A. Li & Benjamin Moseley & R. Ravi, 2023. "The Nonstationary Newsvendor with (and without) Predictions," Papers 2305.07993, arXiv.org, revised Jul 2024.
- Gah-Yi Ban, 2020. "Confidence Intervals for Data-Driven Inventory Policies with Demand Censoring," Operations Research, INFORMS, vol. 68(2), pages 309-326, March.
- Jinzhi Bu & David Simchi-Levi & Li Wang, 2023. "Offline Pricing and Demand Learning with Censored Data," Management Science, INFORMS, vol. 69(2), pages 885-903, February.
- Xiangyu Gao & Huanan Zhang, 2022. "An efficient learning framework for multiproduct inventory systems with customer choices," Production and Operations Management, Production and Operations Management Society, vol. 31(6), pages 2492-2516, June.
- Omar Besbes & Alp Muharremoglu, 2013. "On Implications of Demand Censoring in the Newsvendor Problem," Management Science, INFORMS, vol. 59(6), pages 1407-1424, June.
- Aditya Jain & Nils Rudi & Tong Wang, 2015. "Demand Estimation and Ordering Under Censoring: Stock-Out Timing Is (Almost) All You Need," Operations Research, INFORMS, vol. 63(1), pages 134-150, February.
- Woonghee Tim Huh & Retsef Levi & Paat Rusmevichientong & James B. Orlin, 2011. "Adaptive Data-Driven Inventory Control with Censored Demand Based on Kaplan-Meier Estimator," Operations Research, INFORMS, vol. 59(4), pages 929-941, August.
- Woonghee Tim Huh & Paat Rusmevichientong, 2009. "A Nonparametric Asymptotic Analysis of Inventory Planning with Censored Demand," Mathematics of Operations Research, INFORMS, vol. 34(1), pages 103-123, February.
- Anyan Qi & Hyun-Soo Ahn & Amitabh Sinha, 2017. "Capacity Investment with Demand Learning," Operations Research, INFORMS, vol. 65(1), pages 145-164, February.
- Boxiao Chen, 2021. "Data‐Driven Inventory Control with Shifting Demand," Production and Operations Management, Production and Operations Management Society, vol. 30(5), pages 1365-1385, May.
- Jian Yang & Jim (Junmin) Shi, 2023. "Discrete‐item inventory control involving unknown censored demand and convex inventory costs," Production and Operations Management, Production and Operations Management Society, vol. 32(1), pages 45-64, January.
- Gah-Yi Ban & Cynthia Rudin, 2019. "The Big Data Newsvendor: Practical Insights from Machine Learning," Operations Research, INFORMS, vol. 67(1), pages 90-108, January.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2025-02-10 (Experimental Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2501.11996. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.