A new estimator for stationary distribution of the inventory model of type (s, S)

GÖKPINAR E., Xanıyev T., Gamgam H., GÖKPINAR F.

Gazi University Journal of Science, vol.28, no.1, pp.87-101, 2015 (Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 28 Say: 1
  • Nəşr tarixi: 2015
  • jurnalın adı: Gazi University Journal of Science
  • Jurnalın baxıldığı indekslər: Scopus
  • Səhifə sayı: pp.87-101
  • Açar sözlər: Asymptotic normality, Asymptotic unbiasedness, Consistency, Ergodic distribution, Estimation, Inventory model of type (s, S)
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Bəli

Qısa məlumat

We consider inventory model of type (s, S) which is used mostly in stock control policy. It is very important to know characteristics of an inventory model of type (s, S), such as stationary distribution. Using the straight line approach of Frees [1], we establish estimator for ergodic distribution of inventory model of type (s, S) and investigate asymptotic properties of this estimator such as consistency, asymptotic unbiasedness and asymptotic normality.