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In this article, we consider a classic dynamic inventory control problem of a self-financing retailer who periodically replenishes its stock from a supplier and sells it to the market. The replenishment decisions of the retailer are constrained by cash flow, which is updated periodically...
Persistent link: https://www.econbiz.de/10009477093
Analysts of survey data are often interested in modelling the population process, or superpopulation, that gave rise to a `target' set of survey variables. An important tool for this is maximum likelihood estimation. A survey is said to provide limited information for such inference if data used...
Persistent link: https://www.econbiz.de/10009457966