| Article ID: | iaor20081611 |
| Country: | Netherlands |
| Volume: | 35 |
| Issue: | 2 |
| Start Page Number: | 232 |
| End Page Number: | 234 |
| Publication Date: | Mar 2007 |
| Journal: | Operations Research Letters |
| Authors: | Yang Gino K., Lin Robert, Chouhuang Wayne T., Tung Cheng-Tan |
This article reconsiders Gallego's minimax distribution-free procedure. He created a two-point distribution to serve the most unfavorable case for estimating the expected cost of lost sales. We provide a reasonable condition to insure the existence and uniqueness of the optimal solution and the convergence of Gallego's method.