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127
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IOR
2011
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IOR 2011
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Optimal Inventory Policies when Purchase Price and Demand Are Stochastic
14 years 9 months ago
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webprofesores.iese.edu
In this paper we consider the problem of a firm that faces a stochastic (Poisson) demand and must replenish from a market in which prices fluctuate, such as a commodity market. ...
Peter Berling, Victor Martínez-de-Alb&eacut...
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