A data-driven newsvendor problem: From data to decision

•We identify and conceptualize three levels of data-driven inventory management.•We investigate the impact of the levels on the performance in a newsvendor problem.•We present solution approaches based on Machine Learning for the newsvendor problem.•We compare our methods to well-established approac...

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Bibliographic Details

Published in:	European journal of operational research Vol. 278; no. 3; pp. 904 - 915
Main Authors:	Huber, Jakob, Müller, Sebastian, Fleischmann, Moritz, Stuckenschmidt, Heiner
Format:	Journal Article
Language:	English
Published:	Elsevier B.V 01.11.2019
Subjects:	Inventory Machine learning Newsvendor Quantile regression Retail Retail Newsvendor Quantile regression Inventory Machine learning
ISSN:	0377-2217, 1872-6860
Online Access:	Get full text
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