Application of the Sufficient Empirical Averaging Method in One Statistic Problem of the Inventory Control

2005
Jekaterīna Žukovska

The article deals with a new approach to preparing the input data in system simulation, the so called Sufficient Empirical Averaging (SEA) method. It assumes the existence of the complete sufficient statistics for unknown parameters of input variable distributions. Its application allows getting unbiased estimates with minimum variance.

Keywords
estimation, complete sufficient statistic, inventory control, optimization

Žukovska, J. Application of the Sufficient Empirical Averaging Method in One Statistic Problem of the Inventory Control. Intelligent Transport Systems. Vol.18, 2005, pp.59-65. ISSN 1407-8015.

Publication language
English (en)