Cost Evaluation of a (Q, r, K) Inventory Model with Two Demand Classes of Lost Sales and Backorders.
Zengxu GuoHaoxun ChenPublished in: APMS (3) (2023)
Keyphrases
- lost sales
- lead time
- inventory policy
- inventory systems
- lot size
- inventory models
- base stock policy
- periodic review
- total cost
- cost function
- sample path
- single stage
- inventory level
- infinite horizon
- multi item
- ordering policy
- inventory control
- service level
- single period
- production cost
- single item
- finite horizon
- holding cost
- customer demand
- lot sizing
- optimal policy
- stochastic lead times
- reorder point
- decision making
- probabilistic model
- supply chain
- inventory management
- expected cost
- arrival rate