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Showing 1 to 2 of 2 for “"Inventory estimation"”.
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Inventory estimation from transactions via hidden Markov models
Our work solves the problem of inventory tracking in the retail industry using Hidden Markov Models. It has been observed that inventory records are extremely inaccurate in practice (cf. [1{4]). Reasons for this inaccuracy are item losses due to item theft, mishandling, etc. which are unaccounted. …
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Optimizing replenishment order quantities in uncoordinated supply chains
… is each supplier establishes their individual inventory and production policies on both the input and output sides. In these supply links there is minimal coordination between suppliers, and typically only prices and delivery guarantees are contracted. As a consequence, the inventory behavior …