The DOI matches its Crossref record.
A Min-Max Solution of an Inventory Problem
Abstract
The paper is concerned with the problem of purchasing a quantity of an item in anticipation of a future demand. It is assumed that only the mean and standard deviation of the demand distribution are known. A stock level is found which maximizes the minimum profit for all demand distributions with this mean and standard deviation. This stock level is then compared with the levels obtained by assuming several specific distributions. (Author)
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
Delage, E., & Ye, Y. (2010) · Operations Research · doi:10.1287/opre.1090.0741 · Cited by 1,893
The single-period (news-vendor) problem: literature review and suggestions for future research
Khouja, M. (1999) · Omega · doi:10.1016/s0305-0483(99)00017-1 · Cited by 908
Distributionally Robust Optimization and Its Tractable Approximations
Goh, J., & Sim, M. (2010) · Operations Research · doi:10.1287/opre.1090.0795 · Cited by 668
Distributionally Robust Stochastic Optimization with Wasserstein Distance
Gao, R., & Kleywegt, A. (2023) · Mathematics of Operations Research · doi:10.1287/moor.2022.1275 · Cited by 630
Infrastructure planning for electric vehicles with battery swapping
Mak, H.-Y., Rong, Y., & Shen, Z.-J. M. (2013) · Management Science · doi:10.1287/mnsc.1120.1672 · Cited by 570
Metadata
- Authors
- Scarf, H.
- Venue
- Herbert Scarf’s Contributions to Economics, Game Theory and Operations Research
- Publisher
- Palgrave Macmillan UK
- Published
- 2005
- Pages
- 19-27
- OpenAlex
- W2558813012
- Cited by
- 552
- References
- 0
- FWCI
- 73.79
- Type
- book chapter
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: A Min-Max Solution of an Inventory Problem. https://app.cochat.ai/papers/10.1057/9781137024381_3
- The paper
- Scarf, H. (2005). A Min-Max Solution of an Inventory Problem. Herbert Scarf’s Contributions to Economics, Game Theory and Operations Research. https://doi.org/10.1057/9781137024381_3
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.