Research Article

Estimation of Jointly Normally Distributed Demand for Cross-Selling Items in Inventory Systems with Lost Sales

Table 1

Summary of demand-estimation related literature.

Factors considered by estimation methodLiterature

(1) Single item with stock-outsFisher [11], Cohen [12], Gupta [13], Agrawal and Smith [6], Berk et al. [14], Azadeh et al. [19], Heeseab [15], Beutel and Minner [17], Sachs and Minner [18], Jain et al. [16]

(2) Multiple items without externalitiesDempster et al. [20], Dahiya and Korwar [21], Adamids and Loukas [22], Huber et al. [23]

(3) Multiple items with externalities of substitutionAnupindi et al. [25], Besanko et al. [24], Smith and Agrawal [26], Kök and Fisher [27], Conlon and Mortimer [28], Wan et al. [29]