Inventory models need some specification of the distribution of demand in order to find the optimal order-up-to level … approach is to assume a distribution, estimate its parameters and replace the unknown demand parameters by these estimates in … true demand distribution is indeed the assumed one. This paper directs the cause of the underperformance and quantifies it …

shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as …Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … well as inventory and per shipments costs. Using a cross section of monthly firm-product-destination level French export …

We study the effects of news shocks on inventory accumulation in a structural VAR framework. We establish that … inventories react strongly and positively to news about future increases in total factor productivity. Theory suggests that the …