arXiv Machine Learning By Jiameng Lyu

Resource-Adaptive Primal-Dual Learning for One-Warehouse Multi-Store Systems with Censored Demand

Read the original on arXiv Machine Learning →

arXiv:2608. 14096v1 Announce Type: new Abstract: The one-warehouse multi-store (OWMS) system is a fundamental inventory network in which a nonreplenishable warehouse allocates shared stock across multiple stores over time.

Machine-generated by The Flow from the publisher's headline and feed description — not written or checked by a human. The full article lives at arXiv Machine Learning.

arXiv Statistics ML
3d ago

Towards Optimal Inventory Control under Censored Demand: A Biased Sample-Average Approximation Approach

The paper presents a data‑driven framework for multi‑period lost‑sales inventory control when demand is censored, meaning stockouts only reveal that demand exceeded the stocking level. It introduces a new cost decomposition for base‑stock policies and a biased sample‑average approximation (SAA) method, leading to two algorithms: an upper‑biased SAA that achieves near‑optimal sample complexity under an offline coverage condition, and a lower‑biased SAA that actively generates coverage to achieve near‑optimal online regret. The biased SAA approach offers a general principle for applying pessimism and optimism in settings with censored feedback.

By Yuxuan Han, Xiaoyu Fan, Jiawei Zhang, Zhengyuan Zhou