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Management Science· 2026Q1

Learning in Lost-Sales Inventory Systems with Stochastic Lead Times and Random Supplies

Xin Chen, Jiameng Lyu, Shilin Yuan, Yuan Zhou

Short summary

A novel learning algorithm for lost-sales inventory systems with uncertain lead times and random supply quantities achieves a cumulative regret of O(sqrt(T)) compared to the best constant-order policy, where T is the time horizon.

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Management Information SystemsBusiness, Management and Accounting