5 problems
Consider a periodic-review, single-item, single-stocking-location stochastic inventory system with nonstationary demand, complete backorders, a positive fixed ordering cost, and an…
Beyond-inventory-position savings conjecture. There can be potentially large cost savings by deviating from -type ordering policies that are based only on the inventory posi…
Square-root cost lower-bound conjecture. In the high demand rate asymptotic regime, it is not possible for the average inventory cost to scale as .
Extension of the stationary-limit theorem. Theorem should hold as is for any real : for all sufficiently large the process is positive recurrent with a unique station…
Identical-marginals conjecture. When the marginals are identical, the results of the multi-item case should be similar to the results obtained when the two marginals are identical.