DeHoratius, Nicole; Mersereau, Adam J.; Schrage, Linus - In: Manufacturing & Service Operations Management 10 (2008) 2, pp. 257-277
Inventory record inaccuracy is a significant problem for retailers using automated inventory management systems. In this paper, we consider an intelligent inventory management tool that accounts for record inaccuracy using a Bayesian belief of the physical inventory level. We assume that excess...