Abstract
In this chapter, we will consider a model in which demand is partly known beforehand. The model, that we consider, is similar to the model of the previous chapter (see figure 3.1). Again there are N products competing for the allocation of the same resource. Each product has the same demand-characteristics. In the model of this chapter, however, the realisation of a part of the demand of each product is known some time in advance. Since these realisations may differ, it is necessary to treat the products in the short-run as though they were not identical. Since it is more natural to introduce forecasts for the demand in a periodic review model, we have chosen to analyze such a model in this chapter.
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© 1986 Springer-Verlag Berlin Heidelberg
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Bemelmans, R. (1986). Identical Products; Partly Known Demand. In: The Capacity Aspect of Inventories. Lecture Notes in Economics and Mathematical Systems, vol 267. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-51695-5_4
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DOI: https://doi.org/10.1007/978-3-642-51695-5_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-16449-4
Online ISBN: 978-3-642-51695-5
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